TSMC is evaluating a controlling stake in Intel’s US factories after discussions with the Trump administration. The potential deal aims to boost US chip manufacturing and secure leadership in critical technologies.

A key negotiation point is TSMC possibly operating Intel’s production facilities, addressing Intel’s financial struggles while advancing the administration’s localization efforts.

Intel has not disclosed its stance, but a White House official suggested Trump may oppose foreign control of Intel’s assets.

Intel has faced financial challenges, cutting jobs and scaling back expansion.

Federal officials are exploring strategic options, including partnerships with other chipmakers.

TSMC, a major supplier for Apple and Nvidia, had previously shown no interest in Intel’s factories but may be reconsidering due to rising US-China tech tensions.

Both companies have declined to comment on the potential deal.