PALO ALTO, California -- With its planned stake in Intel, the U.S. government under President Donald Trump seeks to revitalize a strong domestic player in a strategically critical field, hoping to replicate the public-private model that brought Taiwan Semiconductor Manufacturing Co. success.
Semiconductors
US looks to state-backed TSMC model for Intel turnaround
10% stake aims to strengthen American chipmaker in absence of foundry customers
Intel CEO Lip-Bu Tan, left, did not immediately agree to U.S. President Donald Trump's proposal for a government stake in the chipmaker. (Source photos by Nikkei and Reuters)
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