Trump Seeks to Boost US Semiconductor Power with Intel Stake

The Trump administration is pursuing a bold new strategy for American manufacturing, focusing on semiconductors as a key component in achieving technological dominance. President Trump’s team has signaled their intention to acquire a stake in Intel, the only U.S.-based company capable of producing high-performance chips domestically. This move would place the government directly at the heart of the nation’s semiconductor industry, contrasting with foreign companies like TSMC and Samsung whose factories remain based overseas. The decision aligns with President Trump’s broader strategy to reduce dependence on global technology and build a self-sufficient American chip empire.