Sign up
Log in
Intel Taps Taiwan Semiconductor For Advanced 2nm Process For AI-Powered Chips: Report
Share
Listen to the news

Intel Corp (NASDAQ:INTC) has tapped its long-term supplier, Taiwan Semiconductor Manufacturing Co (NYSE:TSM), for its advanced 2nm process.

Intel and Taiwan Semiconductor are collaborating on a 2nm product to manufacture the compute tile for Intel’s next-gen Nova Lake PC processors, which are expected in 2026, TechNode reports.

Advanced Micro Devices, Inc (NASDAQ:AMD) is already a client of Taiwan Semiconductor’s 2nm process.

Also Read: Taiwan Semiconductor’s Arizona Factory Faces $441 Million Loss Amid Supply Chain, Labor Cost Challenges

Last February, Intel CEO Pat Gelsinger confirmed that the company had, for the first time, outsourced the compute tiles of two processors to Taiwan Semiconductor, which became the Intel Core Ultra 200V laptop series (Lunar Lake) and the Core Ultra 200S desktop series (Arrow Lake), its first AI PC processors.

Recently, Taiwan Semiconductor told Bloomberg that it did not engage in discussions to form a venture or share its technology with any company, dismissing speculation of possible collaboration with Intel.

The Taiwan Semiconductor and Intel collaboration reports gained traction after Taiwan Semiconductor announced an additional $100 billion investment in U.S. chipmaking (on top of $65 billion in April 2024).

Intel chief Lip-Bu Tan will likely meet Taiwanese suppliers in May to celebrate the inauguration of the Computex Taipei trade show, the Taipei Times reported, citing supply chain sources on Monday. Tan is attempting to turn around the struggling US chipmaker.

Tan will hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite Taiwanese suppliers to discuss global semiconductor industry dynamics. Tan would visit Intel suppliers in Taiwan.

In Intel’s latest annual report, Tan discussed prioritizing its position in the cloud-based artificial intelligence data center market and creating advanced process technologies to build its wafer foundry business.

Price Actions: INTC stock is up by 5.25% to $20.54 at the last check on Wednesday.

Read Next:

Photo Courtesy: Tada Images On Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending
No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.