Editing News/Intel Sold IMS Stake to TSMC

{{News
|seo_title=Intel Sold IMS Stake to TSMC
|seo_keywords=Intel
|seo_description=Intel Sold IMS Stake to TSMC
|image=Intel.png
|tags=Intel
|date=2023-09-12T14:53:23.000Z
|sources={{NewsSource
|source=Venture Beat
|url=https://venturebeat.com/ai/intel-sells-stake-in-ims-nanofabrication-to-tsmc-for-440m/
|article=Intel Sold IMS Stake to TSMC
}}
|author=Andura
|category=Business,Mergers and Acquisitions
|content=Intel has announced the sale of a 10% stake in IMS Nanofabrication to TSMC for $430m. Intel will still be the majority ownership of IMS. Intel recently sold IMS Nanofabrication's 20% stake to Bain Capital for $860m. According to release IMS will continue operate independently.
}}