Abdelrahman
Intel Teams Up with the Trump Administration to Revitalize Semiconductor Manufacturing by Partnering with TSMC
Intel, once a leading name in Silicon Valley, is making strides to reclaim its status as America’s foremost semiconductor manufacturer. In an intriguing development, the tech giant is collaborating with the Trump administration to explore a significant initiative involving a transition of its chip production facilities to Taiwan Semiconductor Manufacturing Company (TSMC), a major competitor.
In recent months, Frank Yeary, Intel’s interim executive chairman, has engaged in discussions with both government officials and TSMC leaders about a potential arrangement. This plan aims to disentangle Intel’s struggling manufacturing operations from its semiconductor design and product development sectors, as reported by several sources familiar with the matter, who chose to remain anonymous.
TSMC, recognized for producing approximately 90% of the globe’s cutting-edge semiconductors, would take over Intel’s manufacturing operations, acquiring a controlling interest alongside a group of investors that may include private equity firms and other technology enterprises.
The Trump administration has shown support for TSMC’s potential takeover, with Howard Lutnick, the former president’s nominee for commerce secretary, participating actively in these discussions. He regards this initiative as one of the most significant challenges he will face in his new role, according to two individuals informed about the ongoing talks.
This partnership could mark a pivotal moment for both Intel and the U.S. semiconductor industry as they navigate the complexities of modernization and competition in the global market.
