CosmicTaco

Intel and TSMC Forge Joint Chipmaking Venture

CosmicTaco · 2025-04-04T10:51:04.349926+05:30

- Intel and TSMC have reportedly agreed to create a joint venture for chipmaking. - TSMC will take a 20% stake in the venture, offering expertise instead of capital. - The Trump administration initiated the discussions to aid Intel's turnaround. - Intel's new CEO, Lip-Bu Tan, is pushing for significant changes at the company. - TSMC declined to comment, and Intel has yet to respond to inquiries. Source: [TechCrunch](https://techcrunch.com/2025/04/03/intel-and-tsmc-are-reportedly-launching-a-joint-chipmaking-venture/)

Intel and TSMC have reportedly agreed to create a joint venture for chipmaking.
TSMC will take a 20% stake in the venture, offering expertise instead of capital.
The Trump administration initiated the discussions to aid Intel's turnaround.
Intel's new CEO, Lip-Bu Tan, is pushing for significant changes at the company.
TSMC declined to comment, and Intel has yet to respond to inquiries.

Source: TechCrunch

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