News Score: Score the News, Sort the News, Rewrite the Headlines

Intel, TSMC tentatively agree to form chipmaking joint venture, the Information reports

Unlock stock picks and a broker-level newsfeed that powers Wall Street. In This Article: (Reuters) -Intel and Taiwan Semiconductor Manufacturing Co have reached a preliminary agreement to form a joint venture to operate the U.S. chipmaker's factories, the Information reported on Thursday, citing two people involved in the discussions. TSMC, the world's largest contract chipmaker, will take a 20% stake in the new company, the report said. The White House and Commerce department officials hav...

Read more at finance.yahoo.com

© News Score  score the news, sort the news, rewrite the headlines