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Intel (INTC) and Taiwan Semiconductor (TSM) have agreed to a joint venture, according to reports. The two chip giants will form a joint venture in the U.S. that will leverage Intel’s American ...
Intel is also looking for a potential suitor for a minority stake in Altera, the field-programmable gate array chips business it acquired for $14.5 billion in 2015.
Intel rose 2% on the news on April 3 (and was up as much as 6% midday), in contrast to the broader Nasdaq index down 5.4% amid US tariff concerns.
TSMC’s CEO, C.C. Wei, denied reports that the company was in talks with Intel about a joint venture. He addressed the issue yesterday during the company's earnings call, during which it ...
Summary: After rumors that Intel and TSMC were going to enter a joint venture, a new report just announced that it’s not going to happen. TSMC has apparently made that clear.
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The Information: TSMC, Intel Discussing Joint Venture Deal - MSN
U.S. media outlet The Information says chip giants TSMC and Intel are discussing a preliminary agreement to strike a joint venture deal. TSMC and Intel are yet to comment on the report.
Intel has failed to keep up, resulting in companies like TSMC pulling ahead. However, now it appears that both Intel and TSMC will work together in a joint venture.
Under the agreement, the joint venture will have rights to manufacture wafers at Fab 34 to support long-term demand for Intel’s products and provide capacity for Intel Foundry customers.
Taiwan Semiconductor Manufacturing Co., the world's leading semiconductor maker, is reportedly looking at inking a joint venture deal that would see it manage Intel's chip production facilities ...
Intel recently discussed forming a joint venture with a Taiwanese chipmaker, known as Taiwan Semiconductor Manufacturing Company, or TSMC. The White House is exerting some pressure to make a deal ...
Intel shares are jumping more than 8% after Reuters reported that Taiwan Semiconductor Manufacturing pitched a proposal for an Intel foundry joint-venture to Nvidia, AMD and Broadcom.
Another round of good news emerged for chip stock Intel (INTC), who got a nice boost yesterday after making a new friend in vice president JD Vance. Now, it’s up nearly 6.5% once more on news ...
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