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They design chips and manufacture them with the factories they own today. In the past few years they’ve become less competitive against AMD, their main competitor. AMD used to own factories but sold them long ago so they use TSMC factories.

Intel has been trying to fix their issues for a while but it looks like it won’t be resolved soon so they’ll design their own chips as usual but they will manufacture with someone else. Which is bad since they spent a lot on money on the factories, in short.

That’s why AMD’s stock price has gone up recently and Intel’s has gone down

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So just to be clear, now two major American chip producers are using factories in Taiwan?

The same Taiwan at the centre of the most likely flashpoint in the new Cold War?

I should stock up on CPUs.

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TSMC is also either expected or confirmed to be making the chips in the new ARM based macs, they currently produce Apples A series SoCs

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