Catenaa, Thursday, March 13, 2025- Taiwan Semiconductor Manufacturing Co. (TSMC) has pitched a joint venture to US chipmakers Nvidia, AMD, and Broadcom to manage Intel’s foundry division, sources told Reuters.
Under the plan, TSMC would oversee operations but hold no more than a 50% stake. Qualcomm has also been approached, sources said. The talks, still in early stages, follow US efforts to stabilize Intel, which posted an $18.8 billion net loss in 2024.
The proposal emerged before TSMC’s March 3 announcement of a $100 billion US investment plan. Any deal would require US approval, as Washington opposes full foreign ownership of Intel’s foundry division.
Intel executives are split on the plan, with some board members backing discussions while others resist. The foundry division is a key part of Intel’s turnaround efforts, though differences in chipmaking processes could pose challenges.
Nvidia, Broadcom, and AMD are testing Intel’s advanced 18A manufacturing technology, but negotiations over its superiority to TSMC’s 2nm process remain unresolved.
Intel, TSMC, Nvidia, AMD, and Qualcomm declined to comment. The White House and Broadcom did not respond.
