The Trump administration has reportedly urged TSMC to partner with Intel and expedite its investments in the US. Sources suggest that TSMC is weighing a controlling stake in Intel's factories, a move experts warn could be more harmful than beneficial.

TSMC, the world’s biggest semiconductor manufacturer, produces chips for companies including Apple, Intel and Nvidia.

Taiwan's economy minister said on Tuesday his ministry had not received information about an overseas investment application by Taiwanese chipmaker TSMC, when asked about possible investment in Intel and the United States.

Speculation has swirled for over a week about a potential collaboration between Intel and TSMC, igniting reactions from Intel's current and former employees. Now, four former Intel directors have escalated the debate with a blistering Fortune op-ed,

TSMC, the world’s biggest semiconductor manufacturer, produces chips for companies including Apple, Intel and Nvidia.

TSMC, the world’s biggest semiconductor manufacturer, produces chips for companies including Apple, Intel and Nvidia.

China accused Taiwan of attempting to surrender its prized semiconductor industry to the United States as a "souvenir" to gain political support, amid reports that Taiwan Semiconductor Mfg. Co. Ltd. has been in talks for a stake in Intel Corp.