TSMC Proposes Joint Venture with Intel to Nvidia, AMD, and Broadcom

Author's Avatar
Mar 12, 2025
Article's Main Image

According to sources, Taiwan Semiconductor Manufacturing Company (TSMC) has proposed that Nvidia, AMD, and Broadcom invest in a joint venture to operate an Intel factory. Under this proposal, TSMC would manage Intel's wafer division but would hold less than a 50% stake. Qualcomm was also approached with a similar proposal.

Any final agreement would require approval from the U.S. government. All companies involved, including Intel, TSMC, Nvidia, AMD, and Qualcomm, have declined to comment on the matter.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.