WASHINGTON – In a significant development, President Donald Trump is poised to unveil a major private sector investment at the White House on Monday. A Taiwanese chip manufacturer is set to inject over $100 billion into the United States, marking a substantial commitment to the country’s economy.
The investment, to be made by Taiwan Semiconductor Manufacturing Co. over a four-year period, will focus on expanding cutting-edge chip-making facilities. This move aligns with the U.S.’s goal to revitalize its domestic semiconductor industry, which has seen manufacturing predominantly shift to Asian countries in recent decades.
President Trump is scheduled to make the announcement at 1:30 p.m. ET from the Roosevelt Room of the White House. This investment is part of a series of foreign and domestic commitments to the U.S. economy that Trump has championed since taking office.
Previously, notable investments have included a $500 billion pledge in American artificial intelligence infrastructure by a company called Stargate, spearheaded by Oracle Board Chair and CTO Larry Ellison, SoftBank CEO Masayoshi Son, and OpenAI CEO Sam Altman. Apple also announced plans to invest half a trillion dollars in the U.S. over the next four years, aiming to create 20,000 new jobs as a response to tariffs imposed on Chinese imports by the Trump administration.
Furthermore, DAMAC Properties, a global real estate development company, has committed to investing at least $20 billion in the U.S. to construct data centers. This investment was unveiled by Trump and Emirati tycoon Hussain Sajwani at a press conference at Mar-a-Lago in January.
The upcoming announcement underscores the continued efforts to attract substantial investments into the United States, bolstering economic growth and job creation across various sectors.