There has been news everywhere recently about Intel splitting up its foundry and chip design divisions, and it is rumored that Intel is facing potential acquisition offers from TSMC and Broadcom. Among them, TSMC is evaluating the possibility of acquiring wafer fabs, while Broadcom is focusing on chip design and marketing departments. However, any potential transaction faces opposition from the U.S. government, on the one hand related to the strategic nature of Intel's local manufacturing capabilities, and on the other hand related to antitrust regulatory review.
According to foreign media reports, the latest news is that TSMC may acquire 20% of Intel's foundry business, and Qualcomm and Broadcom will also play an important role in this transaction. TSMC’s investment may be realized by injecting capital or providing technology, and the final terms have not yet been determined. For Qualcomm, this investment can better cope with competition from MediaTek and expand its AIPC business, while Broadcom continues to implement its ongoing strategy of expanding its business through targeted acquisitions.
According to previous statements, Intel may split off its semiconductor manufacturing department and then form a joint venture with TSMC to jointly own and operate these fabs, so that it can focus on chip design and provide platform solutions. Although there are constant rumors that TSMC may invest in Intel, and various plans are circulating, the actual situation may be more complicated.
There are reports that because Intel foundry uses a completely different production process to manufacture chips, it may make it difficult for TSMC to operate. Another key is whether the Intel18A process can achieve stable mass production to attract orders. Qualcomm and Broadcom can ensure sufficient business volume by placing orders with new entities and ensure a smooth transition to improve the success rate of the transaction.