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TSMC shares open lower following announcement of $100 billion investment in US

TSMC shares open lower following announcement of $100 billion investment in US

FILE PHOTO: A logo of Taiwanse chip giant TSMC can be seen in Tainan, Taiwan December 29, 2022.REUTERS/Ann Wang/File photo

TAIPEI : TSMC shares opened down 2.25 per cent on Tuesday after the world's largest contract chipmaker said it will invest $100 billion in the United States.

Taiwan Semiconductor Manufacturing Co announced the plan as CEO C.C. Wei met with U.S. President Donald Trump at the White House on Monday.

Source: Reuters
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