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WASHINGTON: President Donald Trump’s administration likely would not support Intel’s US chip factories being operated by a foreign entity, a White House official told Reuters.
The comments came after Bloomberg reported that Taiwan’s TSMC, the world’s biggest chipmaker, is considering taking a controlling stake in Intel’s factories at Trump’s request.
The White House official said the Trump administration supports foreign companies investing and building in the US but is “unlikely” to support a foreign firm operating Intel’s factories.
Earlier, Bloomberg had reported that Trump’s team raised the idea of a deal between the two firms in recent meetings with officials from TSMC, and they were receptive, citing a person familiar with the matter.
Get ready for 100% tariff on all chips out of Taiwan and easily 30-59% increase on electronics focused things and likely smaller impact on everything from toasters to cars.
You think there will be double tax? 100% on cost out of an A17 or chips in your iPod and LunarLake from TSMC and then add the tax on the part assembled in Taiwan but assembled in China ?
This image is enough how can a dumb guy like him be chairman of the boards he doesn't know anything and his experience is not up to the mark for running a Chip Biz
Get ready for 100% tariff on all chips out of Taiwan and easily 30-59% increase on electronics focused things and likely smaller impact on everything from toasters to cars.
You think there will be double tax? 100% on cost out of an A17 or chips in your iPod and LunarLake from TSMC and then add the tax on the part assembled in Taiwan but assembled in China ?
www.freemalaysiatoday.com
