TSMC to Take 20% Stake in Intel-Led U.S. Chipmaking Venture

TSMC to Take 20% Stake in Intel-Led U.S. Chipmaking Venture

Intel Corporation and Taiwan Semiconductor Manufacturing Company (TSMC) have reportedly reached a preliminary agreement to form a joint venture aimed at revitalizing Intel’s chip manufacturing facilities in the United States. According to a report by The Information, TSMC is set to acquire a 20% stake in this new entity. Background and Strategic Implications This development …

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