Bring the Technology Back to America - Reopen America - TSMC and Intel In Talks - Secure the Supply Chains

Ed.'s note: This is actually encouraging news but a lot more has to be done to bring technology back to America then secure it. This all depends on the US military around President Trump. This critical technology especially microprocessor manufacturing should be under the control of the US military and not private equity firms directing where investments in technology are made. Right now this news should be considered speculation with probably no followup action. Once this technology is brought back to American shores then the next step is to secure all the supply chains.

Trump administration holds talks with Intel, TSMC to bring chip tech back to US shores

White House reportedly in talks with Intel, TSMC to build advanced chip foundries in the US

News update for 14 May 2020: Taiwan Firm To Build Chip Factory in U.S.
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Source: ABC News

Semiconductor companies consider new plants in the U.S.

Chip makers Intel and Taiwan Semiconductor are talking to the Trump administration about building new semiconductor plants in the United States

By The Associated Press | 11 May 2020

NEW YORK -- Intel and a Taiwanese company are talking to the Trump administration about building new semiconductor plants in the United States amid concern about relying on suppliers in Asia for chips used in a wide variety of electronics.

A spokesman for Intel, the biggest American chip maker, said Sunday that the company is in discussions with the Defense Department about improving domestic technology sources. Spokesman William Moss said Santa Clara, California-based Intel is well-positioned to work with the government "to operate a U.S.-owned commercial foundry."

Taiwan Semiconductor Manufacturing Co. is open to building a plant outside of Taiwan and has talked with the Commerce Department, a spokeswoman said.

"We are actively evaluating all the suitable locations, including in the U.S., but there is no concrete plan yet," said the TSMC spokeswoman, Nina Kao.

The discussions were first reported by The Wall Street Journal, which said TSMC is also talking with Apple Inc., one of its biggest customers, about building a plant in the U.S.

The newspaper said the coronavirus pandemic has heightened worries about global supply chains, and that U.S. officials are particularly concerned about the growing reliance on Taiwan, the self-ruled island that is claimed by China.

Intel CEO Bob Swan said in a letter last month to two Pentagon officials that strengthening U.S. production "is more important than ever, given the uncertainty created by the current geopolitical environment." He said it would be in the best interests of the United States and Intel to explore how the company could build a plant.

Please go to ABC News to read the entire article.
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Taiwan is a strategic partner and this needs to be declared. Then seal Taiwan off from China. Taiwan is the "tool shed" of the coming "4th industrial revolution." Who is going to lead it? America or the CCP? American exceptionalism? Then demonstrate it...

"This is the big epiphany for the world. If we don't learn from this crisis that the only way this great country is going to prosper is by making the stuff we need as much as possible then we will have learned nothing and we will sink into the abyss," says Peter Navarro. pic.twitter.com/rSDzhE0kye

— Squawk Box (@SquawkCNBC) May 11, 2020

Time to rethink ties to China and that includes congressional hearings on private equity funds flowing into China.