Taiwan Semiconductor Manufacturing Company (TSMC), the world's top semiconductor manufacturer, has pledged to invest another $100 billion over the next four years to boost advanced semiconductor manufacturing in the United States.

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.

Taiwan Semiconductor Manufacturing Co. is expected to announce a $100 billion investment in the U.S. at the White House that would bring more semiconductor manufacturing to the country.