President Trump says US chip making business was stolen by Taiwan, blames former presidents, reiterates Intel was great under Andy Grove's leadership.
Donald Trump has once again addressed the issue of the U.S. losing its dominance in the semiconductor industry, this time blaming previous administrations for allowing Taiwan to take control of
TSMC Chairman C.C. Wei recently held a press conference with US President Donald Trump at the White House, announcing an additional investment of US$100 billion in the US. Shortly after, he convened another press conference with Taiwan's President Ching-te Lai to clarify TSMC's intentions regarding its investments in the US.
China claims Taiwan's leadership is 'selling out' Taiwan's industry by making them tools for diplomatic manoeuvring.
While chip stock Intel (INTC) has been almost frantically trying to build its foundry operations, it still outsources quite a bit of its chip
Intel rivals Taiwan Semiconductor Manufacturing Co and Broadcom are reportedly exploring potential deals that could split the storied American chip giant.
Chip stock Intel (INTC), not so long ago, was the target of rumors of potential takeover, which gave shares a very nice bump at the time.
After years of decline, the once-great Silicon Valley icon is reportedly considering a plan to split itself apart.
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