How Trump's Deal Stops Intel From Selling Its Foundry Business
How Trump's Deal Stops Intel From Selling Its Foundry Business
Why Intel Can't Sell Its Foundry Business: Understanding the Trump-Era Deal The semiconductor industry is a complex and strategically vital sector. Recent reports have shed light on a key reason why Intel, a giant in chip manufacturing, can't easily sell off its foundry business. The roots of this restriction lie in a deal brokered during the Trump administration, a deal intended to bolster domestic chip production and safeguard national security. This article delves into the specifics of this deal, its implications for Intel, and the broader landscape of the global semiconductor industry. The Trump Administration's Push for Domestic Chip Manufacturing During Donald Trump's presidency, there was a significant focus on bringing chip manufacturing back to the United States. This push was driven by several factors, including concerns about supply chain security, reliance on foreign manufacturers (particularly those in Asia), and the perceived national security risks associat…