Trump Won’t Seek Equity From Chipmakers With US Investment Plans

The Trump administration has decided not to pursue equity stakes in chipmakers like Taiwan Semiconductor Manufacturing Co. and Micron Technology Inc. that are increasing their investments in the United States. However, discussions are ongoing regarding a potential stake in Intel Corp. The decision comes as the administration aims to bolster domestic semiconductor production and reduce reliance on foreign suppliers, particularly in light of supply chain disruptions caused by the COVID-19 pandemic. The administration is working to encourage investment and production in the US semiconductor industry, but it will not seek equity stakes in all companies that expand their operations in the country. While the specifics of the negotiations with Intel remain unclear, this development suggests a more flexible approach by the administration in its efforts to strengthen the US semiconductor industry and secure its supply chains.