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TSMC Discusses Intel Foundry Joint Venture With Other Firms

  • Taiwan Semiconductor Manufacturing Co. (TSMC) is discussing a possible joint venture with Nvidia, Advanced Micro Devices (AMD), Broadcom, and Qualcomm to operate Intel's chip-making factories.
  • Last month, TSMC was reported to be considering taking a controlling stake in Intel's manufacturing operations at the request of the Trump administration.
  • The joint venture proposal would have TSMC running the operations of Intel's foundry division, which manufactures chips, but would not give TSMC more than a 50 percent stake.
  • Any final deal would require approval from the Trump administration, which aims to avoid complete foreign ownership of Intel or its foundry division.

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