Intel Taps Taiwan Semiconductor For Advanced 2nm Process For AI-Powered Chips: Report

Comments
Loading...
Zinger Key Points

Intel Corp INTC has tapped its long-term supplier, Taiwan Semiconductor Manufacturing Co 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 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

INTC Logo
INTCIntel Corp
$20.555.36%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
20.12
Growth
3.59
Quality
-
Value
72.14
Price Trend
Short
Medium
Long
Got Questions? Ask
Which semiconductor companies will benefit from Intel's AI chips?
How will AMD's position shift with Intel's new tech?
What impact will Taiwan Semiconductor's investments have on US chipmakers?
Could Intel's outsourcing strategy reshape the chip market?
How might cloud AI services transform chip demand?
Which tech firms could partner with Intel for AI solutions?
What effects will Intel's new processors have on PC sales?
How will investors react to Intel's latest advancements?
Which emerging technologies could gain traction from these chips?
What other industries may feel the ripple effect of this collaboration?
Market News and Data brought to you by Benzinga APIs

Posted In: