Taiwanese chipmaker commits another $100 billion investment to U.S.

President Donald Trump on Monday announced a $100 billion investment from chipmaker TSMC. 

Joined by Department of Commerce Secretary Howard Ludnick and AI Crypto Czar David Sacks, the Taiwanese company will build state-of-the-art manufacturing facilities, many of which will be in Arizona.  

The investment will go into building five cutting-edge fabrication facilities and will create thousands of jobs high-paying jobs.

This brings Taiwanese investment into the United States under Trump to $165 billion.

This follows another $500 billion investment by Apple Inc.