Is Intel now a Trump stock? But a joint venture with TSMC, now the worldwide chip-manufacturing leader, is not necessarily a great idea — and Rasgon pointed out some

The Trump administration is unlikely to support TSMC operating Intel's U.S. chip factories. Discussions centered on a potential partnership between the companies, possibly involving joint U.S.-headquartered ownership.

President Donald Trump has has said the U.S. would eventually impose tariffs of 25%, 50%, or even 100% on chip imports.