Taiwan Semiconductor Manufacturing Company (TSMC) is considering an option to take over and run Intel Corporation’s United States factories. According to a report citing sources familiar with the matter,

Taiwan Semiconductor Manufacturing Co. is considering taking a controlling stake in Intel Corp.’s factories at the request of Trump administration officials, a person familiar with the matter said, as the president looks to boost American manufacturing and maintain US leadership in critical technologies.

The Trump administration is reportedly unlikely to back Taiwan Semiconductor taking over Intel's U.S. chip factories.