Intel and Taiwan Semiconductor Manufacturing Co. have reached a preliminary agreement to form a joint venture operating Intel's chipmaking facilities, with TSMC taking a 20% stake, The Information reports [non-paywalled source]. Intel and other U.S. semiconductor companies would hold the majority of...

Intel and TSMC have tentatively agreed to form a joint venture that would run the U.S. company’s foundry business, The Information reported Thursday.

Intel and TSMC have reached a preliminary agreement to form a JV to operate the U.S. chipmaker’s factories.

Apple could benefit from more chip fab availability in the United States in the coming years thanks to a joint venture that will bring TSMC talent to Intel foundries.

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.