Taiwan Semiconductor Manufacturing (TSM) CEO C. C. Wei said the company is not engaging in discussions to form a venture or share its technology with another company, dismissing speculation TSM is negotiating a tie-up of some sort with Intel (INTC), Yuan Gao and Jane Lanhee Lee of Bloomberg reports. “TSMC is not engaged in any discussion with other companies regarding any joint venture, technology licensing or technology transfer and sharing,” Wei told analysts, according to Bloomberg.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSM:
- TSMC: Strong Q1 2025 Performance and Strategic Investments Drive Buy Rating
- TSMC reports Q1 EPS $2.12, consensus $2.19
- TSMC sees Q2 revenue $28.4B-$29.2B
- TSM Earnings: TSMC Reports 60% Jump in Q1 Profit and Eyes Stronger Q2 Despite Tariff Turmoil
- OpenAI, SoftBank, and Oracle’s $500B Stargate Project Eyes Future UK Investment