In a joint announcement with the Trump Administration, TSMC pledged to spend $100 billion on chip facilities in the U.S.

Apple's iPhone processor supplier TSMC is reportedly about to announce a further $100 billion investment in the United States.

The Wall Street Journal reports that this afternoon, we’ll hear about how the chipmaker that Apple, Nvidia, and many others rely on “intends to invest $100 billion in chip manufacturing plants in the U.