Market Chatter: TSMC in Talks to Buy Stake in Intel

MT Newswires Live

Feb 28, 2025

Taiwan Semiconductor Manufacturing (TPE:2330) or TSMC is negotiating with Intel to acquire a stake in the US semiconductor maker, Reuters reported Wednesday, citing reports from US media.

China criticized the move, saying the Taiwanese chipmaker is seeking political support from the US government, the report said.

Taiwan's government said it has not obtained any information regarding any potential overseas investment plan from TSMC, according to the report.

Neither the company nor Intel confirmed the reports, the media outlet said.

TSMC's fell less than 2% in recent trade.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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