Taiwan Semiconductor Manufacturing (NYSE:TSM) is considering acquiring a controlling interest in Intel's (NASDAQ:INTC) U.S. factories following a request from the Trump administration, according to a Bloomberg report. TSMC has shown openness to the proposal, though Intel's stance remains uncertain.
The rumors, which surfaced earlier this week from Baird analyst Tristan Gerra, have driven Intel's stock to its strongest weekly gain in 40 years, soaring approximately 24%. President Trump, addressing the issue on Thursday, expressed his desire to “take back” chipmaking dominance from Taiwan, asserting that they had “stolen it.”
Despite the positive outlook, Intel's stock fell 2.2% on Friday. Mizuho (NYSE:MFG) desk analyst Daniel O'Regan attributed the drop to profit-taking after the stock's historic rally. O'Regan noted that although details of the potential deal are limited, the Mizuho team views it as a positive development for Intel.
The possible acquisition has sparked market speculation, with some dubbing the deal "MIGA" — Make Intel Great Again. Analysts believe TSMC's involvement could bolster Intel's manufacturing capabilities and restore U.S. semiconductor dominance. The story has already fueled significant investor interest, reflecting optimism about a potential agreement.


Elliott Investment Management Takes Multibillion-Dollar Stake in Synopsys
Europe's Aviation Sector on Track to Meet 2025 Green Fuel Mandate
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure
Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic
Novartis to Acquire Biotech Firm Excellergy in $2 Billion Deal
Apple Defies China's Smartphone Slump with Strong Early 2026 Sales
SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion
Luxury Car Sales in the Middle East Take a Hit Amid Iran War
SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn
NAB Plans to Cut 170 Jobs While Expanding Offshore Operations
Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round
CTOC Adds 3,000 Doctors, 500 Hospitals Ahead of Liquidity Push
Amazon's "Transformer" Phone: Can It Succeed Where Fire Phone Failed?
Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push
Makemation: a Nollywood movie that shows AI in action in Africa
Palantir's Maven AI Earns Pentagon "Program of Record" Status, Reshaping Military AI Strategy
Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling 



