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0.000496277915632773 -0.000220567962503402 0.000551419906258741 0.000716845878136176 0.00148883374689832 0.0018196856906535 0.000937413840639735 0.000275709953129371
Stock impact report

South Korea's Hyundai announces $21 billion U.S. investment [MSNBC.com]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: MSNBC.com
South Korean conglomerate Hyundai on Monday announced a roughly $21 billion investment in U.S. onshoring that includes a $5.8 billion steel plant in Louisiana.The plant is set to hire more than 1,400 employees and will produce next-generation steel that will be used by Hyundai's two U.S. auto plants to manufacture electric vehicles. The investment was announced Monday at the by PresidentDonald TrumpCNBC earlier reported the expected announcement and details of the investment.Hyundai's announcement comes as major international conglomerates are racing to dodge tariffs and avoid a trade war ahead of Trump's April 2 tariff deadline. Taiwan Semiconductor Manufacturing Co. and Japan's SoftBank are among the major foreign players that have visited the in the last two months to announce big U.S. onshoring plans.Hyundai Motor CEO José Muñozrecently told AxiosThe South Korean company is a top seller of electric vehicles in the U.S., competing directly withTeslaSouth Korea is also among the c Show less Read more
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