Trump administration pressures TSMC to partner with Intel in bid for stronger US ties

The Trump administration has reportedly urged TSMC to partner with Intel and expedite its investments in the US. Sources suggest that TSMC is weighing a controlling stake in Intel’s factories, a move experts warn could be more harmful than beneficial. Taiwan’s Minister of Economic Affairs J.W. Kuo stated that all foreign investments require approval, adding that no applications related to this proposal have been submitted thus far.

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