TSMC says Intel didn’t ask for investments — denies existence of talks for partnership, joint venture

TSMC has refuted claims of engaging in discussions with Intel for investments or partnerships, contradicting a recent Wall Street Journal report. Intel has been seeking collaborations, with recent investments from SoftBank and the U.S. government. Despite Intel's efforts to secure partnerships, it continues to face challenges with its next-generation chips and consumer demand. TSMC's reluctance to engage with Intel may stem from competition concerns and the lack of significant benefits. The article highlights Intel's ongoing struggles and the uncertainties surrounding its future endeavors.