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Intel, TSMC Tentatively Agree To Form Chipmaking Joint Venture
Intel and Taiwan Semiconductor Manufacturing Co. have reached a preliminary agreement to form a joint venture operating Intel's chipmaking facilities, with TSMC taking a 20% stake, The Information reports [non-paywalled source]. Intel and other U.S. semiconductor companies would hold the majority of...
Intel and Taiwan Semiconductor Manufacturing Co. have reached a preliminary agreement to form a joint venture operating Intel's chipmaking facilities, with TSMC taking a 20% stake, The Information reports[ non-paywalled source]. Intel and other U.S. semiconductor companies would hold the majority of shares in the proposed venture. The deal could help TSMC neutralize a struggling competitor while potentially giving Taiwan more leverage with the U.S. administration, which recently imposed tariffs on Taiwanese goods excluding chips.
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