Chip giant TSMC to invest $100B in US manufacturing

Semiconductor giant Taiwan Semiconductor Manufacturing Co. (TSMC) announced a $100 billion investment in the U.S. on Monday. TSMC, a Taiwan-based chipmaker that builds advanced semiconductors which are used to power smartphones and artificial intelligence (AI) models, announced the investment following meetings with President Donald Trump.The investment is expected to focus on advanced semiconductor manufacturing facilities over the next four years. TSMC has previously invested in a chip factory in Arizona ...