SMRTR Science & EngineeringApr 3, 2025Daily.dev

Intel and TSMC are reportedly launching a joint chipmaking venture

SMRTR summary

Intel and TSMC are reportedly creating a joint venture for Intel's chipmaking facilities, with TSMC taking a 20% stake and sharing expertise instead of capital, aiming to boost Intel's turnaround and potentially prevent layoffs under new CEO Lip-Bu Tan.

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