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It is said that the semiconductor giants Intel and TSMC are cooperating.
The two companies are said to have reached an initial agreement to establish a joint venture that operates Intel industry facilities, according to Information. TSMC will have a 20 % stake in the new project.
Instead of financing its share with Capital, TSMC will share some chip industry practices with and train them with Intel employees.
According to the Trump administration, the discussions sparked the discussions in an attempt to enhance Intel’s efforts. Intel’s executive officials worry about the demobilization of collective workers.
The development comes less than a month from the investor and businessman The Bu Tan lips are appointed CEO of Intel. At that time, it was reported that Tan was looking to make it Comprehensive changes in the company.
TSMC refused to comment. TECHRUNCH arrived at ETEL to comment.
