Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the United States, President Donald Trump said Monday, on top of $65 billion in investments the company had previously announced.

Taiwanese semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that would involve building five additional chips facilities in the country in coming years, its CEO announced with U.

Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest an additional $100 billion in the United States, President Donald Trump announced Monday as he appeared with the company’s head at the White House.