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TSMC considers running Intel’s US factories after Trump team request

Business Mirror LogoBusiness Mirror6d ago

TSMC considers running Intel’s US factories after Trump team request - Business Mirror

Quick Summary:

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.

It also would address concerns about Intel’s deteriorating financial state, which has forced the company to slash jobs and curb its global expansion plans.

The fact that TSMC is open to an Intel deal indicates a change in tune from just a few months ago.In October, CEO C.C.


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Article Details

Author / Journalist: Mackenzie Hawkins & Ian King | Bloomberg

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-17 @ 10:54:42 (6 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 960 words

Reading Time: 6 minutes read

Sentences: 43 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 26220047

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Year Established: 2005

Headquarters: Philippines

News Last Updated: 5 days ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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  • URL: https://beamstart.com/news/tsmc-considers-running-intels-us-17397898268433

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