Taiwan semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that involves building five additional chip facilities there in coming years, its CEO announced with President Donald Trump on Monday.

Trump announced that Taiwan Semiconductor Manufacturing Company (TSMC), a leader in semiconductors and chip manufacturing, would invest $100 billion in the US. With this additional investment, TSMC will make its total investment in the US about $165 billion.

Taiwanese semiconductor giant TSMC has pledged a $100 billion investment to build five new chip fabrication facilities in the United States, according to former US President Donald Trump. The announcement was made on Monday alongside CC Wei,

TSMC is on a slippery slope. Taiwan Semiconductor Manufacturing , the world's largest chipmaker, on Monday pledged $100 billion in fresh funds to build factories in the United States. It also committed to set up a major research and development centre stateside,

Taiwanese chip-making giant TSMC plans to invest a whopping $100 billion in the United States, after US President Donald Trump threatened to slap tariffs on overseas-made chips. It follows Trump's accusations that Taiwan stole the US chip industry and his threats to impose tariffs of up to 100 percent -- and Taipei's promises to invest more in the United States.

Trump announced that Taiwan Semiconductor Manufacturing Company (TSMC), a leader in semiconductors and chip manufacturing, would invest $100 billion in the US. With this additional investment, TSMC will make its total investment in the US about $165 billion.