by Amanda Head
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.
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Amanda Head is a reporter for Just the News.
Photo “Workers” by Taiwan Semiconductor Manufacturing Co., Ltd.
Reprinted with permission from Just the News