Leading semiconductor companies Intel and TSMC are reportedly in discussions about forming a joint venture. According to The Information, the tentative agreement would involve TSMC taking a 20% stake in a new venture that would oversee Intel’s chipmaking operations. Instead of providing financial investment for its share, TSMC plans to contribute by sharing its chip manufacturing expertise and offering training to Intel’s workforce. This collaboration appears to be motivated in part by the Trump administration’s efforts to support Intel’s recovery as the company faces significant challenges, including concerns about potential mass layoffs.
This development follows the recent appointment of Lip-Bu Tan as Intel’s CEO, who stepped into the role less than a month ago. At that time, it was reported that Tan aimed to implement substantial changes within the company to enhance its performance and market position. As the situation evolves, TSMC has refrained from providing official comments on the joint venture. Meanwhile, inquiries have been made to Intel to gather more information about the initiative and its implications for the company’s future.