Bloomberg earlierreportedon the news.
The announcement is a blow to the United States ambition to become a semiconductor superpower.
Among other concerns, the Trump administration wants to remove requirements that new factories offer workers paid paternal leave.
Intel already has chip manufacturing located domestically, but primarily to build its own chipsets.
President Trump earlier this weekdeclined to saywhether or not the U.S. would intervene should Taiwan be invaded by China.
Intel was always going to be a risky bet for a U.S. chip renaissance.
And with low-powered chips originally designed for mobile becoming more capable, Intel is even losing ground in PCs.
Some critics argue Intel should focus on what it always did best: Chip design.
The idea of Moores Law came out of the company.
But TSMC has it beaten there at scale today.
Maybe because ofintense Taiwanese work ethic, maybe because Intel lost focus.
They do not want to be the next Intel.
News from the future, delivered to your present.
The Framework 13 now feels like a laptop that’s more than a modular, repairable novelty.
It’s now a unit that’s a joy to both build and use.