11:17 AM EST, 03/03/2025 (MT Newswires) -- (Update with TSMC's reply to a request for comment in the second paragraph.)

Taiwan Semiconductor Manufacturing ( TSM ) plans to invest $100 billion in US-based chip manufacturing plants over the next four years under a plan expected to be announced by President Donald Trump on Monday, The Wall Street Journal reported, citing people familiar with the matter.

TSMC confirmed to MT Newswires that Chairman and Chief Executive C.C. Wei will be at the White House later Monday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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