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US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
A new report out of Taiwan has revealed that the current US administration is tying the reduction on trade of trade tariffs on Taiwan to significant TSMC investment in the US. This investment includes a 49% stake in Intel.
Per the Taiwanese outlet mnews.tw, an industry source told the publication that President Donald Trump has mandated TSMC fulfill two conditions if Taiwan is to see any tariff reduction: A primary reason for this delay seems to be Intel’s efforts to preserve capital resources amidst a lack of significant help from the US CHIPS Act and outside partners. In short, the US administration seems to be pressuring TSMC to acquire a considerable stake in Intel to inject some much-needed capital into the company and keep the US government's plans of a domestic chip supply chain afloat.
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