A recent rumor suggests that TSMC and Qualcomm may be looking to invest in Intel Foundry Services (IFS), with TSMC potentially acquiring a minority stake in the company. This move could help boost the U.S. manufacturing of advanced chips and enhance competition in the semiconductor industry.
If the deal goes through, TSMC would run Intel's foundries, allowing Intel to produce cutting-edge semiconductors domestically. Regulatory approvals would be needed for TSMC's potential stake acquisition, with Qualcomm and Broadcom also reportedly involved in the investment.
The rumored partnership aims to support the Trump administration's Made in America initiative and could help Qualcomm and Broadcom compete with Chinese chip designer MediaTek. The move comes as Intel seeks to regain its footing in the contract foundry market, led by TSMC and Samsung Foundry.
