TSMC Proposes Joint Venture to Manage Intel's Struggling Foundry Division

The Taiwanese chip giant seeks partnerships with Nvidia, AMD, Broadcom, and Qualcomm to revitalize Intel's manufacturing operations, pending U.S. government approval.

TSMC has pitched a joint venture to operate Intel's foundry division, involving potential investments from Nvidia, AMD, Broadcom, and Qualcomm.
The proposal, encouraged by the Trump administration, aims to prevent full foreign ownership of Intel while leveraging TSMC's operational expertise.
Intel's foundry division reported a $13 billion loss in 2024, contributing to the company's first annual net loss since 1986, which totaled $18.8 billion.
TSMC has committed $100 billion to U.S. chip manufacturing expansion, adding to a previous $65 billion investment, signaling its growing role in the U.S. semiconductor market.
The joint venture discussions are in early stages, with challenges including differences in manufacturing processes and unresolved disagreements over Intel's advanced 18A technology.