Taiwan’s government downplayed concerns that Taiwan Semiconductor Manufacturing Co.’s plans to invest a further $100 billion in the US will effectively lead to the chip-making giant becoming Americanized.

Taiwan's cabinet spokesperson said on Tuesday that the government will take into account TSMC's development and Taiwan's position in the global chips industry when reviewing the chip foundry's investment plans in the United States.

Trump announced the semiconductor manufacturing investment but did not say if it would provide security for Taiwan.