Taiwan Semiconductor Manufacturing (TSM) plans to invest $100 billion in US-based chip manufacturing plants over the next four years under a plan expected to be announced by President Donald Trump on Monday, The Wall Street Journal reported, citing people familiar with the matter.
TSMC did not immediately reply to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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