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Title: Intel, TSMC Tentatively Agree To Form Chipmaking Joint Venture

Link: https://slashdot.org/story/25/04/03/2151215/i...

Intel and Taiwan Semiconductor Manufacturing Co. have reached a preliminary
agreement to form a joint venture operating Intel's chipmaking facilities,
with TSMC taking a 20% stake, The Information reports [non-paywalled source].
Intel and other U.S. semiconductor companies would hold the majority of
shares in the proposed venture. Instead of capital investment, TSMC has
discussed sharing chipmaking methods and training Intel personnel. The talks
face internal opposition from some Intel executives concerned about
widespread layoffs and the abandonment of Intel's own technology, according
to the report. The deal could help TSMC neutralize a struggling competitor
while potentially giving Taiwan more leverage with the U.S. administration,
which recently imposed tariffs on Taiwanese goods excluding chips.

Read more of this story at Slashdot.

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