Trump Announces TSMC Investment

According to last minute developments, after the information that Donald Trump would announce a “big investment” in the past hours, the details of this investment have been revealed.

US President Trump announced that TSMC plans to invest $100 billion in the United States, primarily in Arizona. He also mentioned, “TSMC will build five more chip factories in the United States, and the total investment in the United States will reach at least $165 billion.”

Following the announcement, TSMC shares rose, paring losses to 2.5%.

This is not investment advice.