Washington in talks with chipmakers about building US factories

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REUTERS: The Trump administration is in talks with semiconductor companies about building chip factories in the United States, representatives ...

REUTERS: The Trump administration is in talks with semiconductor companies about building chip factories in the United States, representatives from two chip manufacturers said on Sunday .

Taiwan Semiconductor Manufacturing Co , on the other hand, has been in talks with the US Department of Commerce about building a US factory but said it has not made a final decision yet. "We are actively evaluating all the suitable locations, including in the US, but there is no concrete plan yet", TSMC spokeswoman Nina Kao said in a statement.Intel Chief Executive Bob Swan wrote a letter to the Department of Defense in late March in which he expressed the company's willingness to build a foundry - a term used in the industry to reference a chip factory - in partnership with the Pentagon.

"This is more important than ever, given the uncertainty created by the current geopolitical environment", Swan wrote in the letter dated Mar 30 and seen by Reuters on Sunday.

Source: News Formal (newsformal.com)

 

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