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TSMC reportedly invited NVIDIA, AMD, and Broadcom to jointly operate Intel's wafer foundry. Is Trump pressuring to save Intel?
After TSMC announced an expansion of its investment in the United States, it has been reported that TSMC has proposed to invest in a joint venture with Nvidia, AMD, and Broadcom to operate Intel's wafer fab. TSMC will be responsible for operating Intel's wafer foundry business, but its stake will not exceed 50%. According to Reuters, four sources familiar with the matter revealed that TSMC has also made a similar proposal to Qualcomm. The negotiations are still in the early stages, and any final deal will require approval from the Trump administration. This deal is crucial for the future of the U.S. chip industry. Intel's stock price has fallen by more than half in the past year, with the company reporting its first loss since 1986. Three sources revealed that Trump is highly concerned about Intel's recovery as he aims to promote the development of high-end manufacturing in the U.S. Following the increased investment in the U.S., TSMC continues to consider assisting Intel despite the challenges and high costs involved. Multiple companies have shown interest in acquiring parts of Intel's business, but negotiations are ongoing. TSMC's proposal faces significant challenges due to differences in manufacturing processes, chemical materials, and production equipment between the two companies. The Chairman of the Industrial Development Bureau believes that there is little chance of technology leakage in TSMC's potential investment in Intel. However, Intel, TSMC, Nvidia, AMD, and Qualcomm have declined to comment on the matter, leaving many uncertainties.