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.

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.

President Donald Trump and the head of Taiwan Semiconductor Manufacturing announce a massive expansion of the company's north Phoenix stake to $165 billion on March 3, 2025.

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

The company had already announced plans to invest more than $65 billion in the U.S., including three plants in Arizona.

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.

President Donald Trump and TSMC (TSM) announced Monday that the Taiwanese chip manufacturer will invest at least $100 billion in its US manufacturing capabilities "over the next short period of time," bringing the company's total investment in the US to $165 billion.

By David Shepardson and Steve Holland WASHINGTON (Reuters) -TSMC CEO C. C. Wei plans to meet with President Donald Trump on Monday to discuss the Taiwanese semiconductor company's investment plans in the United States,