Investing.com -- Taiwan Semiconductor Manufacturing Co., also known as TSMC, is contemplating acquiring a majority stake in Intel Corp (NASDAQ: INTC ).'s factories, according to a Friday report by Bloomberg. This consideration comes following a request from Trump administration officials, who are aiming to reinforce American manufacturing and uphold US leadership in vital technologies.

The proposal for a potential deal between TSMC and Intel Corp. was brought forth in recent meetings by Trump's team with representatives from the Taiwanese chipmaker. TSMC has shown openness to the idea, although it remains uncertain whether Intel Corp. is amenable to a transaction.

The discussions are still in the preliminary stages, and the precise framework of a possible partnership has not yet been defined.

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