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flag TSMC proposes running Intel's factories in a joint venture with U.S. chipmakers, subject to government approval.

flag TSMC, a leading chipmaker, has proposed a joint venture to operate Intel's factories with U.S. chipmakers Nvidia, AMD, and Broadcom. flag TSMC would run the operations but aim to own no more than 50% to meet U.S. government concerns about foreign ownership. flag Intel, facing financial losses, hopes this collaboration will boost its competitiveness in the semiconductor industry. flag The proposal requires U.S. government approval.

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