Trump, TSMC CEO to discuss $100 billion semiconductor investment in the US

President Donald Trump is due to announce Monday that chip giant Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the United States, according to a person familiar with the plans who was not authorised to speak publicly.

TSMC, the world’s biggest semiconductor manufacturer, produces chips for companies including Apple, Intel and Nvidia. The company had already announced plans to invest more than $65 billion in the US, including three plants in Arizona after the Biden administration offered billions in subsidies. Its first…