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  • Tue. Nov 5th, 2024

Washington in talks with chipmakers about building U.S. factories

Washington in talks with chipmakers about building U.S. factories

(Reuters) – The Trump administration is in talks with semiconductor companies about building chip factories in the United States, representatives from two chipmakers said on Sunday.

FILE PHOTO: U.S. chipmaker Intel Corp’s logo is seen on their “smart building” in Petah Tikva, near Tel Aviv, Israel December 15, 2019. REUTERS/Amir Cohen/File Photo

Intel Corp (INTC.O) is in discussions with the United States Department of Defense over improving domestic sources for microelectronics and related technology, Intel spokesman William Moss said in an emailed statement.

“Intel is well positioned to work with the U.S. government to operate a U.S.-owned commercial foundry and supply a broad range of secure microelectronics”, the statement added.

Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW), on the other hand, has been in talks with the U.S. Department of Commerce about building a U.S. factory but said it has not made a f

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