On September 29, amid market speculation that Intel is courting investment from TSMC, Ming-Chi Kuo, an analyst at TF International Securities, expressed his views. He pointed out that, when it comes to boosting semiconductor production in the United States, TSMC's effectiveness through equity stakes or joint ventures pales in comparison to directly ramping up its production capacity stateside. Furthermore, TSMC has firmly denied engaging in any discussions with Intel concerning potential investment or partnership opportunities.