Intel may spin off Foundry as a joint venture with TSMC
Briefly

Intel is considering a joint venture with TSMC to establish a more independent foundry unit within the company, potentially reshaping its chip production landscape. The collaboration, backed by government interest due to national security concerns, may involve TSMC taking a 20% minority stake. Intel has been struggling in the competitive chip market against rivals like AMD and Nvidia, and the new CEO, Lip-Bu Tan, aims to navigate through these challenges. The partnership could provide much-needed support to stabilize Intel's manufacturing capabilities while addressing technical integration issues.
The potential joint venture between Intel and TSMC could transform Intel into an independent foundry, reflecting cooperation amidst intense chip sector competition.
With a 20% interest in the venture, TSMC's involvement may not only stabilize Intel's production capacity but also ensure its commitments to national security.
Read at Techzine Global
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