Intel's foundry business never seems far from the headlines these days, not least because various ex-executives continue to publicly debate whether it might be a good idea to split it from the rest of Intel entirely in the wake of well-publicised financial woes.
Intel is set to continue outsourcing some of its products to TSMC even when 18A and other advanced nodes are fully ramped.
President Donald Trump's threat to scrap the CHIPS Act while luring semiconductor investment in the U.S. through tariffs hurts Intel and American competitiveness, according to the Financial Times.
Intel's semiconductor manufacturing strategy has undergone drastic changes over the past few years, reflecting both historical trends in the industry and the company's shifting priorities. Once
Intel rivals Taiwan Semiconductor Manufacturing Co and Broadcom are reportedly exploring potential deals that could split the storied American chip giant.
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While chip stock Intel (INTC) has been almost frantically trying to build its foundry operations, it still outsources quite a bit of its chip
Investors are selling out of Intel stock after Taiwan Semiconductor Manufacturing 's CEO visited the White House yesterday and announced a $100 billion investment to expand its U.S. manufacturing capacity. Some investors have been hoping that TSMC will buy Intel's foundry business, and yesterday's news left them disappointed.
The investment will go into building three new fabrication plants in Phoenix, Arizona, as well as two packaging facilities and a research center.
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TSMC Chairman C.C. Wei recently held a press conference with US President Donald Trump at the White House, announcing an additional investment of US$100 billion in the US. Shortly after, he convened another press conference with Taiwan's President Ching-te Lai to clarify TSMC's intentions regarding its investments in the US.
TSMC's announcement comes as chip-maker Intel, which has struggled for years with declining sales and lost market share, has been seeking customers for its own factories in the US.