This kind of government-encouraged or mandated joint venture is barely different from what China does. To be quite honest, for stuff like silicon manufacturing, it's probably a good idea.
Parallels to Microsoft investing in Apple in 1997? A little bit maybe? Keep your competitor alive so the antitrust folks don't come down on you?<p><a href="https://wccftech.com/microsoft-invested-150-million-in-apple-27-years-ago-today-on-august-6/" rel="nofollow">https://wccftech.com/microsoft-invested-150-million-in-apple...</a>
I submitted a few seconds too late. :-)<p>This is great news if it’s true.<p>Intel has so much bad news baked in that its stock is ready for any good news.
<i>> The Trump administration initiated the Intel-TSMC talks in an effort to revitalize Intel, the report said.</i><p>Related to tariffs, or not?<p>edit: HN ranking history for this thread: <a href="https://hnrankings.info/43573980/" rel="nofollow">https://hnrankings.info/43573980/</a>