CHIPS
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Interesting article, but not surprising.
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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.
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Though Intel has reiterated its commitment to investing in US factories — even as it pulls back from efforts abroad — Washington officials have for months been discussing contingency plans. One option favored by some in the Biden administration was a possible deal between Intel and GlobalFoundries Inc., Bloomberg has reported.
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Biden officials also floated the possibility of TSMC licensing its manufacturing technology for use at Intel’s facilities, according to multiple people familiar with the conversations. But TSMC wasn’t interested in an arrangement that could ultimately benefit a competitor, the people said. And Biden’s team was generally reluctant to take an active role in deal conversations, according to several people familiar with the situation.
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