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TSMC Pitches Joint Venture Investment to Nvidia, Broadcom, AMD

CIO Insider Team | Wednesday, 12 March, 2025
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According to reports, TSMC has pitched in investing in a joint venture to the US chip makers Nvidia, Broadcom, and Advanced Micro Devices to help run Intel's manufacturing facilities.

Through the initiative TSMC plans to help run Intel's foundry operations while bringing down its ownership to 50 percent to allay US government concerns about foreign ownership.

It is said that it apparently ended previous talks to purchase Intel stock, but Qualcomm has also been considered as a possible investor.

After TSMC and the Trump administration unveiled a $100 billion US investment plan for additional semiconductor plants, talks are still in their early stages.

The Trump administration, which opposes Intel and its foundry subsidiary being entirely owned by foreigners, would have to approve any final agreement, the exact amount of which is unknown.

The future of the US chipmaker, whose stock has dropped more than half in value in the past year, is at risk.

Due to significant impairments, Intel posted its first net loss since 1986 in 2024, totaling $18.8 billion. According to a company filing, as of December 31, the property and plant equipment of the foundry division had a book value of $108 billion.

Trump wants to strengthen American advanced manufacturing, and he is eager to turn around Intel's woes.

Through the initiative TSMC plans to help run Intel's foundry operations while bringing down its ownership to 50 percent to allay US government concerns about foreign ownership.

Before the Taiwanese chipmaker and Trump declared on March 3 that they intended to undertake a new $100 billion investment in the US that would include the construction of five more chip factories there in the upcoming years, TSMC presented its joint venture proposal to possible investors.

According to reports, discussions on the joint venture involving Intel's foundry business have recently resumed, with TSMC seeking to cooperate with multiple chip designers.

Also Read: Chameleon Phones, Solar Charging Laptops, AI Ring - MWC 2025

It appears that other companies have shown interest in purchasing Intel stock but the US company has turned down offers to sell its chip design business independently of its foundry business.



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