Intel is emphasizing that its 18A chip production will occur in North America as President Trump prepares to tariff foreign-made semiconductors.

It's a big win for Trump's team, who worked hard to resuscitate Gabbard's nomination when it faltered earlier this year.

The White House official said the Trump administration supports foreign companies investing and building in the U.S. but is "unlikely" to support a foreign firm operating Intel's

Intel, a fallen Silicon Valley icon trying to restore its reputation as America’s most prominent semiconductor company, is working with the Trump administration on a plan to turn over the operation of its chip-making plants to a giant Taiwanese rival.

President Donald Trump's administration may not support Intel's U.S. chip factories being operated by a foreign entity, a White House official told Reuters.

Taiwanese contract manufacturer TSMC is considering taking a controlling stake in chipmaker Intel's factories at the request of Trump, per Bloomberg.

Taiwan Semiconductor Manufacturing Co. is considering taking a controlling stake in Intel Corp.’s factories at the request of Trump administration officials, a person familiar with the matter said, as the president looks to boost American manufacturing and maintain US leadership in critical technologies.

A rumored joint venture between Intel Corp. and its biggest rival, Taiwan Semiconductor Manufacturing Co. TSM, could pose more potential problems than it may be worth, while the U.S. chip giant could actually be fine without it,

To push the tech industry to migrate chip manufacturing to the US, Trump has threatened to impose tariffs as high as 100% on all foreign-made processors.

Shares of Intel Corp. were surging on Tuesday after Vice President J.D. Vance made bullish comments about semiconductor manufacturing in the U.S. at an artificial-intelligence summit in Paris.

The Trump administration is reportedly casting about for unorthodox strategies to preserve advanced manufacturing in the U.S.

Intel (INTC) stock surged 24% this week after AI chip manufacturing momentum, but analysts urge caution amid leadership changes and other challenges. Read more here.