We have been following the potential new deal between chip stock Intel (INTC) and Taiwan Semiconductor (TSM) for the last few days now, and new

The US government might push for a joint venture between Intel and Taiwan Semiconductor Manufacturing. This partnership would aim to strengthen Intel's semiconductor manufacturing. The joint venture could benefit from the US CHIPS Act.

TSMC has made no official announcements about expanding in the U.S. at the board meetings this week, but the rumor mill points to quicker expansion in Arizona and a joint venture with Intel.