Intel seeks partners: Talks with TSMC and Apple about possible collaborations

The American chip giant Intel is in advanced talks with the Taiwanese company Taiwan Semiconductor Manufacturing Company (TSMC) about possible investments or partnerships. This initiative is linked to recent reports from Bloomberg, according to which Intel is also negotiating with Apple about a potential investment in the struggling chip sector. Even before former U.S. President Donald Trump's interest in Intel, the company had started its efforts to attract external investors. However, these efforts have significantly accelerated since the recent 10% stake by the U.S. in Intel. Neither Intel nor TSMC wanted to comment on the reports when asked by Reuters. Interestingly, Nvidia announced last week that it would invest $5 billion in Intel to secure a stake of about 4%. In August, the company already received a capital injection of $2 billion from the SoftBank Group. These operations are part of Intel CEO Lip-Bu Tan's strategy to bring new partners on board and thus put the ailing chip giant on the path to recovery. Once known as a pioneer in the chip industry, Intel has recently struggled to keep up with competitors like Nvidia and Advanced Micro Devices in the rapidly growing artificial intelligence sector. The company has already invested billions in building a contract manufacturing business, which, however, is struggling to compete with TSMC and attract external customers. In April, the two companies reportedly discussed a preliminary draft for a joint venture, in which TSMC could take a 20% stake in the newly founded company.