Officials at the White House are reportedly in talks with Intel and TSMC to build semiconductor facilities in the United States.
U.S. tech companies and the government have been trying to reduce the country’s dependence on chip factories in Asia for years, underscored by national security concerns […]
In an April 28 letter obtained by the WSJ, Intel CEO Bob Swan told Defense Department that the company is willing to build a commercial foundry in partnership with the Pentagon “given the uncertainty created by the current geopolitical situation.”
The newspaper reports that TSMC has been in talks with Commerce and Defense department officials and Apple, one of the biggest clients, about building a semiconductor factory in the U.S.
Corporations have spent the last 30 or so years moving manufacturing to China in search of cheap labor. Did they not expect China to start competing with them?