Intel and TSMC agree to form chipmaking joint venture: Report [Yahoo! Finance]
Intel Corporation (INTC)
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Source: Yahoo! Finance
Did the semiconductor manufacturing world just shrink a nanometer or two? Intel and TSMC have reportedly reached a preliminary agreement to create a joint venture to operate Intel's fabs in the U.S. The news comes from Reuters , which cites a report from The Information based on two sources familiar with the matter. Intel has not yet commented on the matter; Tom's Hardware has reached out to the companies for more information. Under the terms of the agreement, TSMC is said to own 20% of the joint venture. It is unclear which companies will own the remaining 80%, but earlier this year TSMc reportedly approached multiple leading fabless chip designers headquartered in the U.S. — including AMD, Broadcom, Nvidia, and Qualcomm — about investing in the joint venture, which would own multiple fabs in America. Both Nvidia and a TSMC board member later denied the discussions This arrangement was reportedly influenced by the U.S. government, specifically the White House and Department of
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