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TSMC may acquire fellow CHIPS Act beneficiary Intel
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75% Informative
Broadcom and Taiwan Semiconductor Manufacturing Co. ( TSMC ) are reportedly weighing the possibility of buying part of Intel .
The deals would split Intel in two : Broadcom wants to take over Intel 's design and marketing, while TSMC , separately, is eyeing its manufacturing facilities.
The CHIPS Act , passed during Joe Biden's presidency, apportioned $39 billion in direct incentives for semiconductor manufacturing.
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