The investment plan, announced at the White House, was made as the Trump administration pushes to bring chip making back to the United States.

Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the United States, President Donald Trump said Monday, on top of $65 billion in investments the company had previously announced.

Taiwan Semiconductor Manufacturing Co. is expected to announce a $100 billion investment in the U.S. at the White House that would bring more semiconductor manufacturing to the country.