…AMD designs chips that are currently produced mostly by Taiwan’s TSMC, and Intel currently lacks the technology to produce AMD’s most advanced, profitable chips.
It’s unclear how much of their manufacturing would shift to Intel if the two companies reach a deal, or whether it would come with a direct investment by AMD, similar to the deals cut by other companies. It is possible that no agreement will be reached, the people said…
It’s the fabs that the us gov cares about though. You could end up with ex intel fabs producing AMD chips, with intel bankrupt. (Amd would buy them to save the cross licensing)