Taiwan chip deal is worth a total of $500 billion, US Commerce Secretary Lutnick says

WASHINGTON, Jan 15 (Reuters) - Under ​the terms ‌of a new ‌U.S. trade deal with Taiwan, companies ⁠from ‌Taiwan will invest $250 billion ‍and the island's government will ​invest another $250 ‌billion to expand semiconductor manufacturing in the United States, ⁠Commerce Secretary ​Howard ​Lutnick told CNBC on Thursday.

(Reporting ‍by ⁠David Lawder, writing by ⁠David Ljunggren, editing ‌by Chris ‌Reese)