Semiconductor companies consider new plants in the U.S.

While many are still concerned about the virus, others are desperate to get back to work.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.

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

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.

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