WASHINGTON—Taiwan Semiconductor Manufacturing Co. plans to invest at least $100 billion more in chip-manufacturing plants in the U.S. over the next several years under a plan announced Monday by the company and President Trump.
TSMC plans to use the funds to add to its chip manufacturing in Arizona. It will construct three new chip plants, two chip-packaging plants and a research and development center, Chief Executive C.C. Wei said during a White House appearance with the president.
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