U.S. President Donald Trump's nominee to a post overseeing export policy for China on Thursday called a report about Taiwan Semiconductor Manufacturing Co producing hundreds of thousands of chips for Huawei "a huge concern.

Taiwan semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that involves building five additional chip facilities there in coming years, its CEO announced with President Donald Trump on Monday.

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.

Taiwan Semiconductor Manufacturing will again expand its Phoenix complex, to a new $165 billion stake. The move aims to avoid tariffs.

The announcement is the latest effort by President Trump to persuade companies to make big investments in the U.S.

President Donald Trump spoke to a joint session of Congress about his first weeks in office on March 4, 2025.

Donald Trump spoke to a joint session of Congress about his first weeks in office on March 4, 2025. Watch Next

Trump pointed to three deals the claimed proved how his officials were bringing jobs back to the U.S., opening up new markets and ensuring U.S. security.

WASHINGTON - Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s biggest semiconductor manufacturer, will invest $100 billion in the United States, President Donald Trump announced on Monday. "This is a tremendous thing for our country," Trump said on Monday.