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The deal will see TSMC, the world's largest contract chipmaker, take a 20% stake in the new company. The report comes from The Information, citing two ...

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Both companies reached a preliminary agreement to form a joint venture to run Intel’s manufacturing plants, a report said.

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Intel and TSMC have reportedly reached a preliminary agreement to form a joint venture to operate the former's chip factories. TSMC will apparently take a 20 per cent stake in the new company.

Reuters reported in March that TSMC had pitched Nvidia , Advanced Micro Devices and Broadcom to take stakes in a joint ...