Semiconductor giant TSMC considers running Intel’s US factories at Trump team’s request

Taiwan Semiconductor Manufacturing Co (TSMC) is considering acquiring a controlling stake in Intel's US factories following discussions with Trump administration officials. The proposal aims to bolster American manufacturing and ensure US leadership in critical semiconductor technologies. TSMC has reportedly shown interest, although Intel's willingness to engage in such a transaction remains uncertain.

These talks are preliminary, and the structure of any potential partnership is yet to be defined. The goal is for TSMC, the world's largest contract chipmaker, to fully operate Intel's US semiconductor facilities. This move could also address Intel's financial challenges, which have led to job cuts and scaled-back expansion plans. The arrangement might involve equity stakes from major American chip designers and support from the US government, ensuring the venture isn't solely foreign-owned. However, like other international acquisitions in the US, the deal could face political hurdles.

via SCMP Full Text Feed
 
 
Back to Top