Increased AI Chip Manufacturing in the U.S. Intel has made significant investments in its U.S.-based foundry operations over recent years.

President Trump’s domestic AI focus is a good sign for Intel, but easy fixes have proved elusive.

Investors are betting that Intel and TSMC will form some kind of joint venture. The Trump administration wants the U.S. to be a leader in advanced chip manufacturing. Intel has struggled thus far in its plans to open its foundry business to outside customers.