Intel and TSMC have reportedly agreed to a "joint venture" with Intel Foundry, which would allow the Taiwanese giant to manage Intel's US facilities.Rumors of an Intel-TSMC Deal Are Pretty High, But a Collaboration Would Make Things Much More Complicated For The IFSWell, this is undoubtedly a twist of events, especially considering the fact that Intel and TSMC are two of the biggest rivals in the semiconductor industry. However, with the Trump administration in office, it seems like the main objective here is to revive the US's chip glory, and Intel would likely play a massive part in it. According to a report by Reuters citing The Information, Intel and TSMC have reached an agreement to collaborate on operating Team Blue's US facilities, and this step would likely be the start of a "revolutionary" technology transfer to the United States, given that the deal pans out as expected.While the exact details are unknown, it is claimed that TSMC would likely keep a 20% stake in Intel's Foundry division. The rumor mill around an Intel-TSMC deal has been revolving for quite some time now, and they are fueled by the fact that TSMC needs to escape Trump tariffs, and the only way they could do so is by showing extended cooperation with Intel, apart from their investments in the US. There's optimism for Intel's future, but claiming that a deal with TSMC would be fruitful for Team Blue isn't certain, and we'll discuss why.TSMC and Intel are two-way different companies with unique management, workforce, and technology roadmap planning, meaning that fundamentals cannot be merged. And, given the Taiwan giant's ambitions in the US, partnering up with Intel means that the company is having a pretty difficult task on its hands. The only way this could succeed is if TSMC could obtain "complete" management control, but this will be a process that will involve years if not decades.And, if you look at Intel Foundry's recent progress, the division has managed to find a hold on the market. It has recently announced "risk production" of its highly anticipated 18A process, which is an achievement that could mark the firm's economic turnover. Along with this, with Intel's new CEO Lip-Bu Tan, the core focus will be to "build for clients," with foundry services being a priority, so a TSMC collaboration doesn't settle here as one might expect.Deal of the Day