Intel plans to team up with TSMC through a new joint venture that will run Intel's chip factories. Reports say TSMC will grab a 20 percent stake, but they haven't worked out all the details about who will control what. Behind the scenes, the U.S. government has pushed both companies toward this deal because Intel's manufacturing side hasn't made money lately despite major cash investments.
Some reports link these money troubles to why the former CEO, Pat Gelsinger, left his position. The current CEO, Lip-Bu Tan, stated clearly that Intel aims to become a top-notch chip maker again. TSMC's joining Intel's production efforts looks like a smart move, but nobody knows exactly how other big tech names like AMD, Broadcom, and Nvidia might fit into the picture.
TSMC apparently wants to keep the reins on this venture but doesn't want any single foreign business taking over a large chunk of the project. Intel plans to share more information about their partnership around late April, which should make the future of this team-up much clearer for everyone watching the chip industry.
The partnership marks a big shift in the semiconductor world, where companies that once competed fiercely must work together to stay ahead. This deal might change how computer chips reach markets across America and beyond, affecting everything from phones to cars to advanced computers in the years ahead.
Some reports link these money troubles to why the former CEO, Pat Gelsinger, left his position. The current CEO, Lip-Bu Tan, stated clearly that Intel aims to become a top-notch chip maker again. TSMC's joining Intel's production efforts looks like a smart move, but nobody knows exactly how other big tech names like AMD, Broadcom, and Nvidia might fit into the picture.
TSMC apparently wants to keep the reins on this venture but doesn't want any single foreign business taking over a large chunk of the project. Intel plans to share more information about their partnership around late April, which should make the future of this team-up much clearer for everyone watching the chip industry.
The partnership marks a big shift in the semiconductor world, where companies that once competed fiercely must work together to stay ahead. This deal might change how computer chips reach markets across America and beyond, affecting everything from phones to cars to advanced computers in the years ahead.
