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

Shares of Intel are jumping more than 7% in premarket trading following a report that TSMC has approached U.S. chip designers Nvidia, Advanced Micro Devices, and Broadcom about forming a joint venture to own and run the chipmaker's foundry division.