HomeIndustriesTechnologyINTC/TSMC Tie-Up: Chipmakers' New Venture
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INTC/TSMC Tie-Up: Chipmakers' New Venture

INTC/TSMC Tie-Up: Chipmakers' New Venture

Jenny Horne details the reported agreement between Intel (INTC) and TSMC (TSM) to start a new joint venture to take over control of INTC manufacturing facilities. The report originated from The Information and says TSMC will take a 20% stake in the JV. TSMC has previously announced plans to spend $100B in U.S. chip facilities over the next 5 years.

Morning Movers

04 Apr 2025

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