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Trump Applauds Semiconductor Company With Plans To Move HQ To The US

President Donald Trump again shined a spotlight on his efforts to put Americans back to work. 

In a press conference Thursday, Trump said Broadcom Limited, a semiconductor company, is legally moving its home base to the U.S. from Singapore.

Trump said the move is expected to create jobs stateside. Broadcom already has a co-headquarters in California; the new HQ will be domiciled in Delaware.

The commander in chief has touted job creation in the past — in August, he said over 1 million jobs had been added during his presidency. 

SEE MORE: Here's What Trump's Fed Chair Pick Means For The Economy

That number aligns with records from the Bureau of Labor Statistics, but a former U.S. Department of Labor official told Fortune the increase isn't surprising. The gains match the country's steady economic growth.


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