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TSMC denies it’s talking to Intel about chipmaking joint venture

  • On April 16, 2025, in Hsinchu, Taiwan, TSMC denied recent reports of a chipmaking joint venture with Intel.
  • Intel has faced challenges and lost ground to competitors, prompting speculation about a TSMC partnership.
  • The proposed agreement involved TSMC taking a stake in Intel's foundry business, possibly to operate its factories.
  • TSMC Chairman C.C. Wei stated during an earnings call, "TSMC is not engaged in any discussion with other companies regarding any joint venture, technology licensing or technology."
  • Despite US government interest and potential tariff impacts, TSMC plans to expand independently in the US, investing $165 billion in Arizona.
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Bloomberg broke the news in United States on Thursday, April 17, 2025.
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