Sources: Intel and TSMC have reached a preliminary agreement for a joint venture to operate Intel’s chipmaking facilities, with TSMC taking a 20% stake (Qianer Liu/The Information)

by #AI [2.0] April 3, 2025 · Automatic / Editor's Picks [News]

Qianer Liu / The Information:
Sources: Intel and TSMC have reached a preliminary agreement for a joint venture to operate Intel’s chipmaking facilities, with TSMC taking a 20% stake — Intel’s financial crisis may be over—with support from its biggest rival. — Executives from Intel and Taiwan Semiconductor Manufacturing …