TSMC Considers Running Intel’s US Factories After Trump Team Request
- TSMC would take controlling stake in potential partnership
- Administration aims to boost manufacturing of advanced chips
Taiwan Semiconductor Manufacturing Co. is considering taking a controlling stake in Intel Corp.’s factories at the request of Trump administration officials, a person familiar with the matter said, as the president looks to boost American manufacturing and maintain US leadership in critical technologies.
Trump officials raised the idea of a deal between the two companies in recent meetings with the Taiwanese chipmaker, the person said, and TSMC was receptive. It’s unclear whether Intel is open to a transaction.