TSMC, Intel and Joint Venture
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Intel and TSMC have tentatively agreed to form a joint venture that would run the U.S. company’s foundry business, The Information reported Thursday.
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Intel last November was awarded more than $7.8 billion from the CHIPS Act to support the expansion plans, which include a $36 billion investment in its Oregon facilities.
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Joint ventures can be an ideal solution to achieving a company’s desired growth outcomes while minimizing many of the risks associated with a 100% acquisition.
Germany's antitrust authority approved the creation of a joint venture between defense groups KNDS, Rheinmetall and Thales for the production of main battle tanks.
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Executives from Intel and Taiwan Semiconductor Manufacturing Co recently reached a preliminary agreement to form a joint venture to operate the U.S. firm's chipmaking facilities, the Information reported on Thursday,
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