US EditionExclusive: TSMC pitched Intel foundry JV to Nvidia, AMD and Broadcom, sources say
- TSMC has proposed a joint venture to operate Intel's foundry division, involving Nvidia, AMD, Broadcom, and Qualcomm, ensuring that TSMC does not exceed a 50% stake to meet US regulations.
- Intel's foundry division reported significant losses, with a net loss of over $13 billion last year, in contrast to TSMC's operating profit.
- The Trump administration has expressed concern over foreign ownership of Intel's business and requires US government approval for any deal to proceed.
- Intel's foundry division faces challenges due to its existing financial struggles and ongoing operational efficiency initiatives.
59 Articles
59 Articles
Fear and resignation after ‘world’s most powerful company’ pays Trump a $100 billion ‘protection fee’
It was a surprise ceremony at the White House presided over by President Donald Trump to unveil a $100 billion investment from what he called the world’s most powerful company, Taiwan Semiconductor Manufacturing Company (TSMC).
Arizona’s Leaders Are Asleep While the Semiconductor Industry Burns
Leslie Addison Arizona’s elected officials are either asleep at the wheel or willfully ignoring a looming disaster. On March 3, 2025, President Trump and TSMC announced a $100 billion expansion in Arizona, touting new fabrication plants and thousands of jobs. The next day, March 4, 2025, Trump stood before Congress and declared that the CHIPS Act is a “horrible, horrible thing” that should be repealed. If CHIPS funding is killed, Arizona’s semic…
The Semiconductor Big Dogs Are Eyeing Intel’s Foundry Business, Sending Shares Higher
Shares of Intel (NASDAQ:INTC) are up 4% heading into midday trading Wednesday on reports that the world’s leading contract chipmaker, Taiwan Semiconductor Manufacturing (NYSE:TSM), has proposed a groundbreaking joint venture with U.S. chip giants Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), and Broadcom (NASDAQ:AVGO) to buy and operate Intel’s struggling foundry business. This pitch also reportedly includes Qualcomm (NASDAQ:QCOM) …
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