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.

President Donald Trump is due to announce Monday that chip giant Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the United States, according to a person familiar with the plans who was not authorized to speak publicly.