
Apple’s A16 is being made in Arizona
The preliminary agreement between the competitors will give TSMC a 20% stake in the combined company, while Intel and other semiconductor companies will own the majority of shares. TSMC will bring talent and manufacturing methods to teach American employees and get the US-based Intel foundries running.
The report comes from The Information and was detailed by MacRumors. Discussions are still underway between Intel and TSMC, but ideally it will mean making more TSMC chips in the United States.