TSMC buys 20% of Intel

[Grim5]

Despite rejecting leaks for the last few months, it's now confirmed that TSMC will acquire a 20% stake in Intel

As part of this deal, TSMC will help develop Intel's manufacturing in the USA

https://www.streetinsider.com/dr/news.php?id=24597194&gfv=1

 

[HACO]

It doesn’t though… they’re doing a joint venture.

 

[Hotwired]

TSMC, the world's largest contract chipmaker, will take a 20% stake in the new company