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Intel Will Use TSMC "Forever" Says CFO, As Shares Rise After He Confirms Plan To Use US Funding To Pay Back Debt
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5 Articles
Intel CFO: “We Will Use TSMC Forever” as US Funding Fuels Debt Repayment and Shares Climb
Intel CFO: “We Will Use TSMC Forever” as US Funding Fuels Debt Repayment and Shares Climb Intel’s Chief Financial Officer David Zinsner has confirmed that the company will continue to rely on Taiwan Semiconductor Manufacturing Company (TSMC) for the foreseeable future, signaling a major commitment to the world’s leading foundry despite Intel’s ongoing ambitions to expand its own silicon fabrication capabilities. This announcement arrives as inve…
According to Intel's Chief Financial Officer David Zinsner, the company will continue to rely on TSMC for the very long term. Is this a confession of weakness?
At the Citi Global Technology Conference in September 2025, David Zinsner, Intel's Chief Financial Officer, gave several details on the company's strategy. The announcement was welcomed by investors, with the Funder's action increasing by 2% after his statements. Two key points were highlighted: the continued use of [...] Intel article confirms its lasting partnership with TSMC and will use US funds to reduce its debt first appeared on HardwareC…
Intel has been trying to regain ground in chip making with IFS for years, but the reality is that it still relies on TSMC to get some of its most important products out. At Citigroup’s Global TMT 2025 conference, the company made it clear that, although its commitment to its own nodes such as Intel 18A, Intel 18A-P and Intel 14A is still underway, the link with Taiwanese is not going to disappear, quite the contrary. That collaboration will rema…
Intel Will Use TSMC "Forever" Says CFO, As Shares Rise After He Confirms Plan To Use US Funding To Pay Back Debt
Chip designer Intel's shares were up 2% today after CFO David Zinsner outlined at Citi's 2025 Global Technology, Media And Telecommunications Conference that the firm was on track to close its Altera divestment. At the event, Zinsner shared details about the US government's historic 10% stake in Intel, as he outlined that it was a great deal for the taxpayer and the American people. Intel CFO Says Firm Will Use US Equity Funds To Clear Out Its D…
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