The Information: TSMC, Intel Discussing Joint Venture Deal

TaiwanPlus News

U.S. media outlet The Information says chip giants TSMC and Intel are discussing a preliminary agreement to strike a joint venture deal. TSMC and Intel are yet to comment on the report.

Transcript

00:00U.S. media outlet The Information says TSMC and Intel are discussing an agreement that

00:05would see the two chipmakers work together to revive Intel's flagging foundry business.

00:11TSMC, the world's biggest contract chipmaker, would reportedly have a 20 percent stake in

00:17the new joint venture in exchange for providing Intel with its know-how and training.

00:21U.S. chip giant Intel has struggled to keep pace with the industry in recent years.

00:26The company lost 60 percent of its value in 2024.

00:30The Information said that the U.S. government is heavily involved in trying to broker the

00:34deal, part of its efforts to revive its domestic semiconductor industry.

00:38TSMC declined to comment on the report.

Category

Transcript

Recommended