Watch: Trump investment announcement

President Trump on Monday afternoon announced that Taiwan Semiconductor Manufacturing Company (TSMC) plans to spend $100 billion in U.S. chip manufacturing plants on Monday.

The multibillion-dollar investment, first reported by The Wall Street Journal and confirmed by the White House, is expected to stretch out over the next four years.  

The event was scheduled for 1:30 p.m. EST.

Watch a replay of the event in the player above.

Tags Donald Trump

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