TSMC unveils $100b plan to build five new US factories

TSMC unveils $100b plan to build five new US factories

FILE PHOTO: A logo of Taiwanese chip giant TSMC can be seen in Tainan, Taiwan, Dec. 29, 2022.REUTERS/Ann Wang/File Photo

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.S. President Donald Trump on Monday.

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