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TSMC denies Intel joint venture talks, reports strong earnings, plans major U.S. investment.
TSMC, the world's largest contract chipmaker, denies reports of talks with Intel to form a joint venture, despite earlier rumors.
TSMC also confirmed strong Q1 earnings, beating expectations with $25.77bn in revenue, and raised Q2 revenue guidance to $28.4bn to $29.2bn.
The company plans to invest $165bn in the US but remains focused on standalone operations.
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TSMC niega conversaciones de empresa conjunta con Intel, reporta fuertes ganancias, planea grandes inversiones en los EE.UU.