Taiwan Semiconductor Manufacturing (TSM.US) intends to invest $100 billion in chip manufacturing facilities in the United States over the next four years. President Donald Trump is expected to announce this initiative at the White House later on Monday, according to a source with knowledge of the matter.
So far there is no significant reaction in stock price following the news.
Source: xStation 5
US OPEN: Wall Street Nears Record Highs Ahead of Long Weekend, Powered by AI
Market Wrap: Technology Stocks Keep European Markets Afloatπ‘
Walmart falls despite strong earnings
Oil keeps rising: is there reason to worry?