Intel is trying to claw its way back into relevance with some big moves lately, such as its recently announced alliance with Nvidia . But there’s more going on behind the scenes, including some negotiations with AMD, according to a report by Semafor .

The aim of this Intel-AMD agreement would be to produce AMD chips in Intel’s own factories, known as foundries. (A foundry manufactures semiconductors according to customer designs.) Intel would therefore realize AMD’s designs, although both compete in the processor market.

The deal is not yet finalized and an agreement could take months, as further hurdles (such as regulatory reviews) are still pending.

Why Intel wants AMD as a customer

Intel has been trying to catch up with the world’s leading chip manufacturer TSMC for years. TSMC

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