Apple Supplier TSMC May Operate Intel’s Chipmaking Facilities

Apple supplier TSMC has reached a preliminary agreement with Intel that will see TSMC operating Intel’s chipmaking facilities, reports The Information. TSMC will own a 20 percent stake in the new combined company, while Intel and other semiconductor companies will own the majority of the shares.
As part of the deal, TSMC may share some of its chip manufacturing methods with Intel, and train Intel employees to use them. Discussions are still underway, and the final details have not been est