I've seen pretty much everything in this industry over the years. And, yes, that does include a man eating his own head. But Intel and TSMC going into the chip foundry business together? Sorry, what?
This rumour, and it very much is a rumour, comes from an equities analyst at investment bank Baird who cited discussions between TSMC and Intel. According to the Wall Street Journal and to broadly précis this particular yarn, the rough idea is for TSMC to send some of its best engineers to Intel's fabs to sort them out. They can then be spun off into a separate entity managed by TSMC but co-owned by both companies.
