“Taiwan Semiconductor Manufacturing Company (TSMC) is considering taking a controlling stake in Intel’s factories, a person familiar with the matter said. Trump officials raised the idea of a deal between the two companies in recent meetings with the Taiwanese chipmaker, the person said. It’s unclear if Intel is open to a transaction. The President looks to boost American manufacturing and maintain US leadership in critical technologies, a source said. The person said TSMC was receptive to the idea. The source said it’s unclear whether Intel would be interested in a deal with TSMC, which is based in Taipei, Taiwan, or with Intel in Santa Clara, California, where it has a manufacturing facility. The company has declined to comment on the report, which was first reported by The Wall Street Journal on Monday. The Journal has been asked to make clear that the source was not speaking on behalf of Intel, but on the request of the Trump administration. The story has been updated to clarify that the person was referring to TSMC’s interest in taking over Intel’s manufacturing operations.”
