Taiwan Semiconductor Manufacturing has pledged $100 billion in U.S. investment but it's not necessarily bad news for Intel.

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 government reportedly toned down worries about TSMC's plans to invest another $100 billion in the US, potentially Americanizing the chip-making giant.