TSMC Shuts Down Intel Rumors

PLUS: 📉 Temu & Shein brace for tariff-induced turbulence

Welcome to SaaS Wire — your backstage pass to the hottest in software and services!

What we’ll cover today:

🛑 TSMC says “nope” to Intel collab rumors

📉 Temu & Shein brace for tariff-induced turbulence

📍Upcoming SaaS events to keep on your radar

💬 Quick polls to spill your hot takes

Source : Reuters

Taiwan's TSMC and U.S. chipmaker Intel are in the spotlight after rumors of a joint venture surfaced.​

Breaking News:
TSMC denies any discussions with Intel about a chip-making joint venture, calling the rumors baseless and unfounded.​

Wire Simplified:

  • TSMC is a leading semiconductor manufacturer based in Taiwan.

  • Intel is a major U.S. chipmaker.

  • Rumors suggested a potential joint venture between the two companies.

  • TSMC has officially denied these rumors.

  • No discussions or plans for collaboration are currently underway.​

Straight to the Point :
TSMC and Intel are not teaming up. The rumors are false, and both companies continue their separate operations.

🎤 Would a TSMC-Intel partnership be a power move?

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Source : StartupNews

Temu and Shein, two major Chinese e-commerce platforms, are reacting to new U.S. trade tariffs with big changes.

Breaking News:
Temu and Shein are cutting ads and hiking prices in the U.S. as Trump-era tariffs come back in style.

Wire Simplified:

  • U.S. to scrap the $800 duty-free import rule on May 2.

  • 145% tariffs are incoming for Chinese goods.

  • Temu and Shein will raise prices starting April 25.

  • They’re also slashing U.S. digital ad budgets.

  • All this to keep up with rising import costs.

Straight to the Point:
The cheap-shopping wave might slow down—Temu and Shein are bracing for impact as tariffs jack up their U.S. costs.

SaaStr Annual 2025
SaaStr Annual is the world's largest SaaS community event, bringing together SaaS founders, executives, and investors to share insights and strategies for scaling businesses.
Date: May 13–15, 2025 | Location: San Mateo, CA, USA

SaaSiest Malmö 2025
The ultimate B2B SaaS experience in Europe, gathering founders, executives, and VCs to discuss growth strategies and industry trends.
Date: May 6–7, 2025 | Location: Malmö, Sweden

SaaStock Europe 2025
A premier conference for SaaS founders and executives, focusing on growth strategies, scaling, and product innovation.
Date: October 13–15, 2025 | Location: Dublin, Ireland

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