US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
a month ago
- #US-Taiwan-relations
- #trade-tariffs
- #semiconductors
- US reportedly pressuring TSMC to buy 49% stake in Intel for Taiwan's tariff relief.
- Current US tariffs on Taiwan stand at 20%, higher than Japan's 15%, impacting Taiwanese exports.
- Trump's conditions for tariff relief: TSMC must invest $400 billion in the US and acquire 49% of Intel.
- TSMC already investing $165 billion in US fabs, making additional $400 billion demand financially challenging.
- Intel's revenue dropped 33% from $79B (2021) to $53B (2024), signaling decline in semiconductor dominance.
- US aims to bolster Intel with TSMC's investment to sustain domestic chip manufacturing plans.
- Intel delays Ohio fab to 2030/31 due to financial constraints, despite federal grants.
- TSMC unlikely to agree to US demands, leaving Intel's future uncertain despite upcoming product launches.