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Taiwan Semiconductor Could Be The Lifeline Intel Needs As Rumors Swirl Of A US-Backed Joint Venture - Broadcom (NASDAQ:AVGO), Intel (NASDAQ:INTC)

Summary by Benzinga
Intel Corp. (NASDAQ:INTC) may be facing a turning point as rumors suggest the U.S. government could intervene to push a joint venture between the struggling chipmaker and Taiwan Semiconductor Manufacturing Co. (NYSE:TSM). What Happened: According to Baird analyst Tristan Gerra, supply chain sources indicate that the U.S. government is considering forcing Intel into a joint venture with TSMC to bolster domestic chip manufacturing, reported Invest…

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Benzinga broke the news in New York, United States on Thursday, February 13, 2025.
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