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1Scan for outdated or missing drivers - takes under a minute2Repair Windows errors before they cause bigger problems3Fix the driver behind crashes, sound loss and screen glitchesNo publicly confirmed TSMC–Intel joint venture to operate Intel’s factories was announced. On April 17, 2025, TSMC Chairman and CEO C.C. Wei said the company was not discussing a joint venture, technology licensing, or technology transfer with other companies. TSMC repeated that position in September 2025. The factory arrangement was reported as speculation, not established as a signed or completed deal.
What did TSMC say about the Intel joint venture?
During TSMC’s April 17, 2025 first-quarter earnings call, Chairman and CEO C.C. Wei said: “TSMC is not engaged in any discussions with other companies regarding any joint venture, technology licensing, or technology transfer and sharing.”
That statement is a denial of discussions in the categories Wei named. It is not an announcement that TSMC had agreed to operate Intel factories, take them over, or share its manufacturing technology with Intel.
What was reported, and what was confirmed?
Media reports described possible TSMC involvement in Intel’s U.S. factories, including a possible operating joint venture or investment. Bloomberg reported on April 17 that The Information had reported an initial-agreement claim. Those accounts described a proposed arrangement; they did not establish that the companies had signed, approved, or completed a transaction.
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| Question | What the available evidence establishes |
|---|---|
| Was a TSMC–Intel factory joint venture announced? | No such announcement is established by the cited company statements or reporting. |
| Did TSMC confirm talks to operate Intel factories? | No. Wei publicly denied discussions about a joint venture, licensing, or technology transfer and sharing. |
| Did TSMC later change that position? | In a September 26, 2025 statement reported by Taiwan’s Central News Agency, TSMC again said it had never entered talks about a joint venture or technology licensing, transfer, or sharing. |
The distinction matters: a report about a possible deal is not proof that a deal exists. Based on the statements and coverage cited here, claims that TSMC took control of Intel’s fabs or entered a technology-sharing agreement go beyond what was confirmed.
When did the reports and denials occur?
| Date | What happened |
|---|---|
| February–April 2025 | Media speculation circulated about TSMC helping operate or invest in Intel factories. |
| April 17, 2025 | Wei denied that TSMC was discussing a joint venture, technology licensing, or technology transfer and sharing during the company’s first-quarter earnings call. |
| September 26, 2025 | TSMC reiterated that it had never entered talks with any company about a joint venture or technology sharing, according to Taiwan’s Central News Agency. |
Why did a TSMC–Intel fab partnership sound plausible?
The speculation overlapped with TSMC’s expansion in the United States. In its April 2025 earnings-call transcript, the company described a planned total U.S. investment of US$165 billion, covering three additional wafer fabs, two advanced-packaging fabs, and an R&D center. It also said its first Arizona fab had entered high-volume production in the fourth quarter of 2024 using its N4 process, while its second fab was complete and being prepared for volume production.
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That expansion provides context for why observers connected TSMC with U.S. semiconductor manufacturing capacity. It does not establish a relationship with Intel’s factories: TSMC’s own statements denied the specific discussions described in the reports.
What were TSMC’s first-quarter 2025 results?
On April 17, 2025, TSMC reported first-quarter revenue of NT$839.25 billion and net income of NT$361.56 billion. Net income was up 60.3% year over year. These figures describe the quarter’s financial results; they do not confirm or validate the reported Intel-fab arrangement.
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What should readers conclude about TSMC taking over Intel’s fabs?
There was media speculation about TSMC helping operate or invest in Intel factories, followed by a clear public denial from TSMC’s CEO and a repeated denial in September 2025. The available information does not establish that TSMC took over Intel’s fabs, formed a joint venture with Intel, or agreed to license or transfer technology to Intel.
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