Trump’s investment announcement later today is about a $100 billion TSMC spend

So the big announcement later has been revealed.

Some in the crypto space were speculating it would have to do with that, even though that didn’t really make sense.

In any case, it looks like it’s a TSMC investment decision, according to the WSJ.

Taiwan Semiconductor Manufacturing Co. intends to invest $100 billion in chip manufacturing plants in the U.S. over the next four years under a plan expected to be announced later Monday by President Trump, according to people familiar with the matter.

This article was written by Adam Button at www.forexlive.com.