TSMC Dismisses Intel Tie-Up Talk, No Intent to Share Tech (1)

Taiwan Semiconductor Manufacturing Co.isn’t engaged in discussions to form a venture or share its technology with any company, its top executive said, dismissing persistent speculation that the Taiwanese company is negotiating a tie-up of some sort with ailing chipmaker Intel Corp.

Chief Executive Officer C. C. Wei, responding to questions about a possible Intel collaboration, said TSMC remained focused on its own business. He didn’t directly address a report by the Information in April that the two had struck an initial agreement to set up a joint venture to operate Intel’s chip plants.

“TSMC is not engaged ...