Yee LeeSINGAPORE/NEW YORK/TAIPEI (Reuters) -TSMC has pitched U.S. chip designers Nvidia, Advanced Micro Devices and Broadcom about taking stakes in a joint venture that would operate Intel's factories,

TSMC has reportedly proposed a joint venture between itself, Nvidia, Advanced Micro Devices (AMD) and Broadcom that will involve them owning stakes and

TSMC is said to have proposed a joint venture with Nvidia, AMD and Broadcom to Intel. Intel's share price promptly shot up.