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Update: Market Chatter: TSMC Mulls Operating Intel Factories in US at Request of Trump Officials
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Update: Market Chatter: TSMC Mulls Operating Intel Factories in US at Request of Trump Officials
Feb 14, 2025 12:48 PM

03:27 PM EST, 02/14/2025 (MT Newswires) -- (Updates with Intel's ( INTC ) response in the second paragraph.)

Taiwan Semiconductor Manufacturing ( TSM ) is considering taking a controlling stake in Intel's ( INTC ) US factories at the request of Trump administration officials, Bloomberg reported Friday, citing a person familiar with the matter.

Intel ( INTC ) declined MT Newswires' request for comment and TSMC did not immediately reply.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 204.25, Change: +2.42, Percent Change: +1.20

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