Intel CEO Lip-Bu Tan will meet Taiwan Semiconductor Manufacturing management in Taiwan ahead of his June 2 COMPUTEX keynote, potentially catalyzing renewed foundry collaboration talks. TSMC’s Q1 2026 foundry revenue reached $35.9 billion versus Intel’s $5.4 billion, highlighting TSMC’s market dominance.
Intel CEO Lip-Bu Tan will arrive in Taiwan this week to meet TSMC management and other partners ahead of his June 2 COMPUTEX keynote. The talks follow earlier reports of a potential chipmaking joint venture in which TSMC would acquire a roughly 20% stake in Intel Foundry. Executives aim to clarify future collaboration and foundry service agreements.
TSMC reported $35.9 billion in foundry revenue for Q1 2026, compared with Intel Foundry’s $5.4 billion, underscoring a nearly sevenfold lead. TSMC’s market capitalization of approximately $1.86 trillion is nearly three times Intel’s $614 billion valuation. This gap highlights TSMC’s dominant position in advanced process manufacturing.
A renewed partnership could strengthen Intel’s foundry push and boost TSMC’s customer base, potentially impacting capacity allocations and technology roadmaps. Regulatory considerations, including a 9.9% U.S. government stake in Intel, add complexity to any equity or joint venture discussions. Market participants will watch for details released during COMPUTEX to gauge potential stock implications.
