With rumors swirling of a potential deal between Intel and TSMC to allow the former’s fabs to manufacture the most advanced chips in America, a report from the Taiwanese press claims that TSMC might acquire a 20% stake in Intel’s Intel Foundry business. Anti-trust laws typically prevent major companies in a market from coming together, and a 20% stake would allow TSMC to collaborate with Intel while avoiding regulatory scrutiny. Intel’s shares have been on a tear and have gained 22.5% over the past five days and 16.7% year to date in a cycle kicked off by Vice President JD […]
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