Trump announces Taiwanese chipmaking giant TSMC to invest $100 billion in US manufacturing

C.C. Wei, Chairman and CEO of TSMC, attends the ceremony for Taiwanese chip maker TSMC’s first European plant in Dresden, Germany, on August 20, 2024. Wei is set to meet with President Donald Trump on Monday. – Axel Schmidt/Reuters Chipmaking giant Taiwan Semiconductor Manufacturing Company plans to invest at least $100 billion to grow its US manufacturing operations, President Donald Trump announced from the White House on Monday alongside the firm's CEO C.C. Wei, Commerce Secretary Howard Lutnick and White House AI and Crypto Czar David Sacks. The announcement comes amid a larger push by Trump to encourage investments in…