Watch live: Trump expected to announce $100 billion investment in U.S. by TSMC

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President Donald Trump is expected on Monday to formally announce a planned $100 billion investment in the U.S. by chip manufacturer Taiwan Semiconductor Manufacturing Company.

The investment will build "cutting-edge chip-making facilities in the U.S., The Wall Street Journal reported earlier Monday.

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Trump last month announced a multibillion-dollar AI infrastructure project with Oracle, OpenAI and Softbank.

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