Intel Shares Jump as TSMC Pitches Foundry Joint Venture
The joint venture pitch has industry insiders up next believing it could represent a turning point for Intel, to help revive its manufacturing business. The proposal also suggests an intelligent and responsible approach to taking advantage of strategic partnerships in the midst of ongoing difficulties in the market.
The Taiwanese chipmaker intends to run operations of Intel’s fab division but does not want to own more than 50% of it and is ...
TSMC would take a stake of no more than 50% in joint venture operating Intel foundries-sources Talks are at an early stage-sources Qualcomm has also received TMSC's pitch-sources SINGAPORE/NEW ...
TSMC reportedly approached a handful of US AI chipmakers to potentially operate Intel's foundry in a joint venture.
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