The motorcycle is visible near the building of the Taiwanese company Manufacturing Manufacturing Company (TSMC), which is a Taiwanese international production and design company of semiconductor contracts, in Hsinch in Taiwan, April 16, 2025.
Daniel Ceg Anadol Getty images
Taiwan Semiconductor Manufacturing Company he refused to report that the semiconductor giant was in active conversations with Intel Regarding a joint undertaking with the chip.
“TSMC is not involved in any discussion with other companies regarding any joint venture, technology or technology licensing,” said CC WEI on Wednesday in the first quarter, disseminating rumors about cooperation with Intel.
It is said that Intel and TSMC were looking for JV this month. On April 3, the information provided that both companies discussed a preliminary agreement to create a link to operate CHIP factories with TSMC with 21% of shares.
Intel was not immediately available for commenting when he contacted CNBC regarding Wei comments on Thursday. The company earlier said that it does not comment on rumors, asked by CNBC about the discussed discussions.
Once a dominant chip manufacturer in the USAIntel has faced many challenges in recent years, losing the ground to such players NvidiaIN AMDIN Qualcomm AND Apple. Intel suffered last year The worst results as a public companywith actions dropping 61% of their value.
Denying TSMC conversations with Intel appears when President Donald Trump seeks to solve the problem of global trade imbalances and Reshore production in the US through tariffs. Trade Department recently began investigating the import of semiconductors – Movement that can cause new tariffs for the chip industry.
TSMC reported a bit of profit For the first quarter thanks to the continuous increase in demand for AI systems. However, the company fights the potential wind from Trump's tariffs – which are directed to Taiwan – and More terrible export controls on TSMC NVIDIA and AMD clients.
– Dylan Butts from CNBC contributed to this report