Intel Approaches TSMC About Possible Investment or Partnership

TaiwanPlus News

US chipmaker Intel has approached Taiwan chip giant TSMC about possible investments or a manufacturing partnership, the Wall Street Journal reports. Intel has attracted recent investment and partnerships from firms such as SoftBank and Nvidia and has reportedly held talks with Apple. The US government also holds about a 10 percent stake in Intel after nearly US$8 billion in investments. The discussions come amid concern in the US about reliance on Taiwan for advanced chips, while Taiwanese worry about capacity shifting offshore.

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00:00The Wall Street Journal is reporting US chipmaker Intel approaching Taiwan's TSMC about possible

00:06investments or a manufacturing partnership.

00:10No further details of the talks were revealed, and neither companies have commented.

00:15The two tech giants previously talked in April about creating a joint venture, with TSMC

00:20potentially holding a 20% stake.

00:24Intel has seen a steady stream of investments and partnerships with other major tech players

00:28in recent weeks, and the US government also recently took a 10% stake in Intel, investing

00:35nearly US$8 billion.

00:37It comes as the US grows uneasy about depending on Taiwan for advanced chips, and as Taiwan

00:43worries about production shifting overseas.

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