TSMC Proposes Joint Venture With Nvidia, AMD And Broadcom To Operate Intel's Factories: Report - Broadcom (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD)
1. TSMC approaches AMD for a joint venture to manage Intel's foundry division. 2. Proposal aims to enhance production capacity amid growing AI chip demand. 3. Intel's share price has fallen 56% amid significant operational losses. 4. TSMC reports a 39.2% revenue increase in 2025, reflecting robust market demand. 5. Meta partners with TSMC for AI chip development, impacting competition.