TSMC’s CEO, C.C. Wei, denied reports that the company was in talks with Intel about a joint venture. He addressed the issue yesterday during the company's earnings call, during which it announced that it had a net revenue of $25.53 billion in the first quarter of 2025. “TSMC is not engaged in any discussion with other companies regarding any joint venture, technology licensing, or technology,” Wei said in the call, according to CNBC, which also noted that Intel previously declined to comment.