Taiwan Semiconductor Manufacturing plans to invest $100 billion to build out chip-making facilities in the U.S., according to people familiar with the matter. The company intends to make the investment over the next four years as part of a federal effort that could be announced as soon as later today,

Taiwanese semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that would involve building five additional chips facilities in the country in coming years, its CEO announced with U.

Chipmaking giant Taiwan Semiconductor Manufacturing Company plans to invest at least $100 billion to grow its US manufacturing operations, President Donald Trump announced from the White House on Monday alongside the firm’s CEO C.