Semiconductor Giant Intel (NASDAQ: INTC) to Join TSMC (NYSE: TSM) in Increasing Its U.S. Footprint as Part of a Concerted Trump Administration Campaign to Bring the Industry Home
https://wccftech.com/semiconductor-giant-intel-nasdaq-intc-to-join-tsmc-nyse-tsm-in-increasing-its-u-s-footprint-as-part-of-a-concerted-trump-administration-campaign-to-bring-the-industry-home/
The semiconductor industry forms the bedrock of a technology-driven global economy. Given the deteriorating U.S. – China relations and the attendant vulnerability of a dispersed semiconductor supply chain, the Trump administration has been pushing for American chipmakers – or even those that employ American technology – to move much of their fabrication to the U.S. soil. Now, it appears that these efforts are bearing fruit.
The semiconductor behemoth Intel (NASDAQ:INTC) recently informed CNN Business that: