President Trump said during an event Tuesday that chipmaker TSMC pledged an additional $100 billion to build semiconductors in the U.S. after he threatened the company with tariffs of up to 100%. The company had already pledged $65 billion to make chips in the U.

TSM has seen a 25% decline in stock value and a Death Cross pattern, while President Trump's recent threats of a 100% tax on the company add to the negative outlook. Investors may find more stability in ETFs such as SPY,

President Donald Trump claimed his threat of steep import tariffs pushed TSMC to boost its U.S. investment from $65 billion to $200 billion without government aid.