Intel: Intel, TSMC Tentatively Agree to Form Chipmaking Joint Venture: Report
Intel and Taiwan Semiconductor Manufacturing Co have reportedly reached a preliminary agreement to form a joint venture. TSMC, the world's largest contract chipmaker, will take a 20 percent stake in the new company.
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Intel is a California-based multinational company that designs and manufactures products such as microprocessors, motherboards, and storage devices for PCs and smartphones.
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