We have been following the potential new deal between chip stock Intel (INTC) and Taiwan Semiconductor (TSM) for the last few days now, and new

TSMC has made no official announcements about expanding in the U.S. at the board meetings this week, but the rumor mill points to quicker expansion in Arizona and a joint venture with Intel.

Patrick Moorhead says a joint venture between Intel and TSMC is possible. He explains what both companies may get out of it.