Intel partners with Taiwan's No. 2 chipmaker UMC in Arizona

Deal on 12-nm tech comes as U.S. company works to boost foundry business

20240125N Intel logo

Intel aims to become the world's second-largest chip foundry by 2030. © Reuters

CHENG TING-FANG, Nikkei Asia chief tech correspondent

TAIPEI -- Intel and Taiwan's United Microelectronics Corp. (UMC) on Thursday announced a partnership that will lead to production in the U.S. state of Arizona by 2027, part of the American semiconductor company's push to expand its business of making chips for others.

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