TSMC Proposes 'Intel Foundry' Joint Investment to Nvidia, Broadcom, and Others
Taiwan's TSMC, the world's No. 1 foundry (semiconductor contract manufacturing) company, reportedly proposed a joint investment in Intel to major U.S. companies such as Nvidia, according to major foreign media including Investing.com on the 12th (local time).
According to anonymous sources, TSMC proposed equity investments to major U.S. companies including Nvidia, AMD, and Broadcom regarding a joint venture to operate Intel's factories. Some sources also reported that Qualcomm received a similar proposal.
The proposal reportedly includes that TSMC would operate Intel's foundry division but would not exceed a 50% stake.
The proposal came after the Trump administration requested TSMC's assistance to overcome the crisis of Intel, a symbol of the U.S. semiconductor industry. Sources predicted that the Trump administration would not want Intel's foundry division to be completely transferred to foreign companies, so final approval from the administration would be necessary.
Earlier last month, Bloomberg reported that TSMC was considering acquiring a stake in Intel's factories and operating them at the request of the Trump administration. There were also reports that Broadcom was interested in acquiring Intel's chip design and marketing divisions.
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Wei Zhejia, chairman of TSMC, announced a $100 billion (approximately 145 trillion won) investment plan in the U.S. after meeting with President Trump at the White House on the 3rd of this month.
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