Chipzilla flogs a slice of IMS Nanofabrication business to TSMC

@ 2023/09/15
Keeps control

Intel has agreed to sell a stake of about ten per cent in the IMS Nanofabrication business to TSMC.

The transaction values IMS at about $4.3 billion. Intel will retain majority ownership of IMS, and the transaction is expected to close in the fourth quarter.

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