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Home » News » TSMC denies it’s talking to Intel about chip-making joint venture

TSMC denies it’s talking to Intel about chip-making joint venture

Jessica BrownBy Jessica Brown World
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A motorcycle is seen near a building of the Taiwan semiconductor -manufacturing company (TSMC), which is a manufacturing and design company of Taiwanese multinational semiconductors, in Hsinchu, Taiwan, on April 16, 2025.

Daniel Ceg | Anadolu | Getty images

Taiwan semiconductor manufacturing company Denied the reports that the semiconductor giant was under active discussion with Intel With respect to a joint chip manufacturing company.

“TSMC is not dedicated to any discussion with other companies with respect to any joint business, technology or technology license,” said CEO CC Wei about the company’s first quarter of the company’s first quarter on Wednesday, dissipating rumors about a collaboration.

It was said that Intel and TSMC were looking to form a JV as recently as this month. On April 3, the information reported that the two companies discussed a preliminary agreement to form a link to operate Intel chips factories with TSMC to have a 21%participation.

Intel was not immediately available to comment when he was contacted by CNBC about Wei’s comments on Thursday. The company previously said that it does not comment on the rumors, when CNBC asked him about the reported discussions.

Once the dominant chips manufacturer in the United States, Intel has faced numerous challenges in recent years, losing players like Nvidia” AMD” Qualcomm and Apple. Last year, Intel suffered his sausage always a performance as a public company, with actions that show 61% of its value.

The denial of TSMC of the link conversations with Intel occurs when President Donald Trump is pressing to address global commercial imbalances and the manufacture of the manufacture of remakeing in the US. UU. Through tariffs. The Commerce Department recently began investigation into semiconductor imports, a movement that could result in new tariffs for the chips industry.

TSMC reported a gain rhythm for the first quarter thanks to a continuous increase in the demand of AI chips. However, the company states with the possible winds against Trump’s rates, which Taiwan, and the strictest exports in TSMC Nvidia and AMD customers.

– Dylan Butts of CNBC contributed to this report

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