Trump Administration in talks with chipmakers on building semiconductor factories in the U.S.

May 10, 2020 – On Sunday, the Wall Street Journal reported, the Trump’s administration is holding talks with semiconductor companies on building chip factories in the United States.

As per the WSJ report, which cites sources familiar with the matter at hand, the Trump administration is in talks with Intel Corp and Taiwan Semiconductor Manufacturing Co (TSMC). The latter has also been in talks with the U.S. Commerce and Defense departments along with Apple Inc – one of its largest customers, on building a semiconductor chip factory in the United States.

U.S. officials are also looking at helping Samsung Electronics Co, which already has a chip factory in Austin, Texas, to expand its contract-manufacturing footprint in the U.S.

The report did not disclose whether any incentives have been offered to the chipmakers.

Neither TSMC, Intel, Apple, or Samsung Electronics were immediately available for comments.

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