Chip Giants Intel and AMD Discuss Surprise US Manufacturing Partnership
Chip rivals Intel and AMD are in talks for Intel to make some of AMD's chips in the US. Intel needs a win, but its tech lags TSMC.
Chip rivals Intel and AMD are in talks for Intel to make some of AMD's chips in the US. Intel needs a win, but its tech lags TSMC.
Top chipmaker TSMC denied rumors of an investment or partnership with struggling Intel. TSMC stated it has not entered talks for joint ventures or technology transfer.
The US 1:1 Chip Plan forces companies to match imported chips with US production (1:1 ratio). If they fail, they face tariffs. This aims to secure national supply chains and stop relying on vulnerable overseas manufacturing, like Taiwan, for essential products.
Intel CEO Lip-Bu Tan is seeking partnerships with Apple and TSMC for investments or manufacturing, meeting with Tim Cook and C. C. Wei.
Intel Corp., backed by the US government, is seeking further investment, approaching Apple for a deal that would validate the ailing chipmaker's crucial domestic turnaround efforts, even as challenges persist.
The U.S. government wants up to 10% ownership in Lithium Americas' Thacker Pass mine, vital for U.S. electric vehicle (EV) batteries. This demand is tied to a $2.26B loan and aims to boost domestic supply to cut reliance on China.