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TSMC board member dismisses Intel foundry takeover rumors, calls them unfounded

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Well-known member
Paul Liu, head of Taiwan's National Development Council (NDC) and a TSMC board member, addressed lawmakers' concerns by denying speculation that TSMC is considering acquiring Intel's struggling foundry business. He emphasized that the topic has never been discussed at the board level, likening such a move to mixing "diesel with gasoline," suggesting an incompatible pairing. This statement was made to quell rumors amid Intel's challenges in the foundry sector and TSMC's dominant position in the global semiconductor market.

www.digitimes.com

TSMC board member dismisses Intel foundry takeover rumors, calls them unfounded

Paul Liu, head of Taiwan's National Development Council (NDC) and a TSMC board member, denied speculation that the company is considering acquiring Intel's struggling foundry business. Addressing lawmakers' concerns, he stated that the topic has never been discussed at the board level, comparing...
www.digitimes.com
 
"Paul Liu, head of Taiwan’s National Development Council and a TSMC (TSM) board member, has denied speculation that the company is considering acquiring Intel’s (INTC) struggling foundry business, DigiTimes’ Bryan Chuang and Levi Li report. Addressing lawmakers’ concerns, he stated that the topic has never been discussed at the board level, comparing such a move to mixing diesel with gasoline-an incompatible mix."

He is not wrong. :ROFLMAO: That was the worst rumor, with "cited sources", that I have seen so far this year! It is early yet though.
 
Daniel Nenni said:
"Paul Liu, head of Taiwan’s National Development Council and a TSMC (TSM) board member, has denied speculation that the company is considering acquiring Intel’s (INTC) struggling foundry business, DigiTimes’ Bryan Chuang and Levi Li report. Addressing lawmakers’ concerns, he stated that the topic has never been discussed at the board level, comparing such a move to mixing diesel with gasoline-an incompatible mix."

He is not wrong. :ROFLMAO: That was the worst rumor, with "cited sources", that I have seen so far this year! It is early yet though.
Click to expand...
Jensen Huang also said he has not been asked for buying Intel stake.
 
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