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.
Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
