Intel Stock Jumps as TSMC Eyes Foundry Stake With Nvidia, Others, Report Says | Global News Avenue

Intel shares (INTCTaiwan Semiconductor Manufacturing Company (TSM) has contacted American chip designer Nvidia (NVDA), advanced micro-equipment (AMD) and Broadcom (avgo) Establish a joint venture to own and operate a foundry agency of American chip manufacturers.

“Qualcomm(QCOMAccording to one of the sources and a separate source, TSMC was also marketed by TSMC.

according to ReutersTSMC, the world’s largest contract chip manufacturer, has floated its operational foundry, and the department has made customized chips for other companies. The report noted that the negotiations were in the early stages, and he said TSMC would not own more than 50% of the joint venture.

Reuters The Trump administration has sought help from TSMC to reverse Intel, added. Intel’s foundry business has been a potential beneficiary of the Trump administration State the goal make sure AI The chips are designed and manufactured in the country.

Intel, TSMC, NVIDIA, AMD, Broadcom and Qualcomm did not respond immediately Investopedia Request for comment.

Intel shares have lost 55% of its value in the past 12 months.