U.S. manufacturing was steady in February, but a measure of prices at the factory gate jumped to nearly a three-year high and it took longer for materials to be delivered, suggesting that tariffs on imports could soon undercut production.

The Institute for Supply Management said output remained fairly steady, but tariffs on raw materials threaten U.S. growth.

U.S. manufacturing was steady in February, but a measure of prices at the factory gate jumped to near a three-year high and it was taking longer for materials to be delivered, suggesting that tariffs on imports could soon hamper production.

Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest an additional $100 billion in the United States, President Donald Trump announced Monday as he appeared with the company’s head at the White House.

Former U.S. President Donald Trump greeted the revelation as a "tremendous move by the most powerful company in the world." Drawing on a recent AI infrastructure initiative combining Oracle, OpenAI, and SoftBank,

Taiwan Semiconductor Manufacturing Company (TSMC), the world's top semiconductor manufacturer, has pledged to invest another $100 billion over the next four years to boost advanced semiconductor manufacturing in the United States.