According to a plan expected to be announced late Monday local time, TSMC plans to invest $100 billion in the U.S. chip manufacturing plant in the next four years, according to a plan that U.S. President Donald Trump is expected to announce late Monday local time. The investment will be used to build cutting-edge chip manufacturing facilities. This expansion plan will promote the long-term goal of the United States to revive the U.S. semiconductor industry. TSMC took root in Arizona in 2020 when the company said it would spend $12 billion to build a local chip factory. Since then, the company's ambitions for the base have expanded rapidly, with two more factories built at the same location, with a total investment of $65 billion. The company's first factory began mass production late last year.