Trump Claims Taiwan ‘Stole’ America's Semiconductor Industry In New Truth Social PostJun 18, 2026, 11:52 IST
Trump argued that previous administrations failed to protect American industry through tariffs and outlined efforts involving Intel, Nvidia, Apple and Elon Musk-backed projects aimed at expanding domestic semiconductor production. US President Donald Trump has once again placed semiconductor manufacturing at the centre of his economic agenda, claiming that Taiwan and other countries benefited from decades of American policy failures that allowed critical chip production capacity to move overseas. In a lengthy post on Truth Social, Trump argued that the United States invented many of the technologies underpinning the modern semiconductor industry but failed to protect domestic manufacturing through tariffs and industrial policies. He specifically referenced Intel's historic dominance in the sector and said previous administrations had allowed America's manufacturing advantage to erode. "The Technology the World relies on was invented in America," Trump wrote. "We all remember 'Intel Inside.' Stupid Presidents took our Economy for granted, and let Taiwan and others steal our Semiconductor Factories." The comments come as semiconductors remain one of the most strategically important industries globally, powering everything from smartphones and artificial intelligence systems to military equipment and advanced computing infrastructure. Taiwan today occupies a dominant position in global chip manufacturing, particularly through the world's leading contract chipmakers. Over several decades, Taiwanese firms invested heavily in fabrication facilities, engineering expertise and supply-chain development, allowing the island to become a critical hub for advanced semiconductor production. Taiwan’s rise to semiconductor dominance stems from visionary government investments in the 1970s and the creation of the "pure-play foundry" model by TSMC in 1987. By exclusively manufacturing chips for other firms, the island secured global trust, avoided market conflicts, and built an unmatched, localized supply chain. While many American technology firms continue to lead in chip design and software development, a substantial share of manufacturing capacity migrated to Asia due to lower production costs, specialised industrial ecosystems and government-backed investment programmes. Notably, the semiconductor sector has increasingly become a national security issue as governments seek to reduce dependence on foreign supply chains and secure access to advanced technologies. In his Truth Social post, Trump outlined what he described as efforts to rebuild domestic semiconductor manufacturing capacity during his second term. According to Trump, Nvidia agreed to manufacture certain advanced chips using Intel facilities in the United States. He also claimed that Elon Musk had agreed to develop a massive chip-manufacturing project called "TerraFab" alongside Intel's technology teams. Trump further stated that Apple had agreed to collaborate with Intel on designing and building chips in America. The US President also highlighted a government-backed arrangement involving Intel, claiming the administration acquired a 10 per cent stake in the company in exchange for support aimed at strengthening domestic chip production. "They were worth around 100 Billion Dollars when we made our offer. Now they are worth over 600 BILLION Dollars," Trump wrote, arguing that the investment had generated substantial value for the United States. The post reflects Trump's broader push to reshore critical manufacturing industries, particularly semiconductors, which have become central to economic competition, artificial intelligence development and technological rivalry between major global powers. Get Latest News Live on Times Now along with Breaking News and Top Headlines from US News and around the World. Yuvraj Tyagi is a Senior Copy Editor, specializing in security, national, international and defense affairs. With extensive experience covering the Ka... View More





