Top US chip makers expected to meet in Vietnam as Biden’s visit stokes flames of US-China tech war

Intel, GlobalFoundries, Google and Boeing and are all expected to meet in Hanoi, sources told Reuters

The meeting comes as businesses seek to boost ties with Vietnam while diversifying away from China

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US President Joe Biden holds a press conference in Hanoi on September 10, 2023. As the US seeks closer ties with Vietnam, American chip makers are doing the same. Photo: Reuters

Published: 12:00pm, 11 Sep 2023

Top US semiconductors and digital companies including Intel, GlobalFoundries and Google are expected to attend a business meeting on Monday in Hanoi as President Joe Biden visits Vietnam to boost ties, two people familiar with the plan said.

The meeting, which is still being arranged, would confirm US plans to boost Vietnam’s global role in different segments of chip-making, as part of Washington’s broader strategy to reduce the sector’s exposure to China-linked risks, including trade restrictions and tensions over Taiwan.

Senior executives from Google, Intel, Amkor, Marvell, GlobalFoundries and Boeing are among expected attendees, according to a partial list that a person familiar with the plans discussed with Reuters.

The companies did not immediately respond to requests for comment outside business hours.

The second person familiar with the plans confirmed the presence of several large US chips companies, including Amkor, their Vietnamese partners, such as tech company FPT, and Vietnamese and US top officials, including Secretary of State Antony Blinken.

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