WASHINGTON – President Donald Trump is scheduled to announce another major private sector investment in the US at the White House on Monday, Breitbart News can be seen.
Taiwanese chipmakers will invest more than $100 billion in the US, CNN's Alayna Treene said in an X post.
Wall Street Journal Report Taiwan Semiconductor Manufacturing Co. has been investing for four years.
This investment will be used to build cutting-edge chip manufacturing facilities. Such expansion will advance the long-throwing US goal of re-growing the domestic semiconductor industry after manufacturing has fled primarily to Asian countries in recent decades.
Stargate “will invest “$500 billion in at least US AI infrastructure, move very quickly and create more than 100,000 American jobs almost immediately,” Trump announced.
In late February, Apple announced that it would “invest 50 trillion dollars in the US over the next four years and employ 20,000 new workers.”
Additionally, global real estate developer DAMAC Properties is planning to invest at least $20 billion in the US to build the data center. Trump and Emirati tycoon Hussein Sajwani announced their investments at a press conference held at Mar-a-Lago in January before Trump took office.
