New Delhi, March 3 -- US President Donald Trump is set to make an "investment announcement" at 1:30 p.m. ET (1830 GMT) on Monday (March 3) the White House confirmed, though details have not been disclosed.

One of the key topics expected is a $100 billion investment from Taiwan Semiconductor Manufacturing Co. (TSMC) in the United States. TSMC CEO C.C. Wei is scheduled to meet with Trump to discuss the company's expansion plans.

TSMC has been ramping up its US semiconductor production:

In April, the company increased its planned U.S. investment to $65 billion, adding a third factory in Arizona by 2030.

The company has committed to producing 2-nanometer chips at its second Arizona fab, starting in 2028.

It has also agreed to deploy its ...