
Taiwan’s TSMC, the world’s No. 1 foundry (semiconductor consignment production) company, reported on the 12th that it has proposed a joint venture in Intel to Nvidia and other major foreign media such as Investing.
According to an anonymous source, TSMC has proposed equity investments in major U.S. companies such as Nvidia, AMD, and Broadcom in relation to the joint venture that will operate the Intel plant. Some sources also said that they made the proposal to Qualcomm.
The proposal reportedly included that TSMC would operate Intel’s foundry division but would not exceed 50% of its stake. The proposal was reportedly made after the Donald Trump administration asked TSMC for help to overcome the crisis of Intel, a symbol of the U.S. semiconductor industry. Sources predicted that the final agreement will need to be approved by the administration as the Trump administration does not want the Intel foundry sector to be completely transferred to foreign companies.
Bloomberg reported last month that TSMC is considering acquiring and operating stakes in Intel plants at the request of the Trump administration. Broadcom is also interested in acquiring Intel chip design and marketing.
TSMC Chairman Weijerja announced a $100 billion investment plan in the U.S. after meeting with President Trump at the White House on the 3rd of this month.
EJ SONG
US ASIA JOURNAL