WATCH LIVE: Trump makes investment announcement ahead of address to Congress – Washington Examiner
President Donald Trump is scheduled to announce a significant investment exceeding $100 billion from Taiwan Semiconductor Manufacturing Company (TSMC),the world’s largest chipmaker.This investment involves the construction of chipmaking facilities in the United States. The announcement will take place at 1:30 p.m. ET from the white House, where Trump aims to discuss the importance of innovation and growth within the semiconductor industry. TSMC has expressed its eagerness to collaborate with the President on strengthening the technology sector and enhancing partnerships with customers. This news was initially reported by the Wall Street journal.
WATCH LIVE: Trump makes investment announcement ahead of address to Congress
President Donald Trump is set to announce a more than $100 billion investment from Taiwan Semiconductor Manufacturing, a chipmaker in Taiwan.
TSMC, the world’s largest chipmaker, will build chipmaking facilities in the United States.
TRUMP TO TOUT $100 BILLION INVESTMENT FROM TAIWAN CHIPMAKER
Trump will speak at 1:30 p.m. ET from the White House.
“We’re pleased to have an opportunity to meet with the President and look forward to discussing our shared vision for innovation and growth in the semiconductor industry, as well as exploring ways to bolster the technology sector along with our customers,” TSMC said in a statement to the Wall Street Journal, which first reported the news.
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