TSMC pitched Intel foundry JV to Nvidia, AMD and Broadcom, sources say

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SINGAPORE/NEW YORK/TAIPEI: TSMC has pitched U.S.chip designers Nvidia, Advanced Micro Devices and Broadcom about taking stakes in a joint venture that would operate Intel's factories, according to four sources familiar with the matter.

Under the proposal, the Taiwanese chipmaking giant would run the operations of Intel's foundry division, which makes chips adapted for the needs of customers, but it would not own more than 50%, the sources said.

President Donald Trump's administration requested TSMC, the world's leading contract chipmaker, assist in turning around the troubled U.S.industrial icon, the sources said on condition of anonymity because the talks are not public.

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Category: EconomyBusiness

Markets: MalaysiaChinaIsraelSingaporeTaiwanUnited States

Topics: Intel AMD /Business/Business News Nvidia Broadcom Chip Qualcomm Corporate News Foundry

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 12:04:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 741 words

Reading Time: 5 minutes read

Sentences: 35 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 26910986

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