During a presser with U.S. President Donald J. Trump, U.S. Secretary of Commerce Howard Lutnick, TSMC CEO C. C. Wei, and “White House Crypto and AI Czar” David Sachs, the president announced that TSMC will be investing at least $100 billion in new capital towards building out domestic chip manufacturing in the United States. Commerce Secretary Howard Lutnick said the move is one of many to “bring production to America” and to avoid tariffs. https://video.nostr.build/73ebdb5979175fa08748d9f688ff223e34debdb7ead52ca222fd9a9e7bafeb4f.mp4