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Soleron said:

http://www.dualshockers.com/2013/08/04/nintendo-and-the-wii-u-may-be-in-trouble-due-to-closure-of-vital-semiconductor-factory/

Title is misleading; it's not owned by Nintendo. This is the Renesas factory that was going to close (see article) due to low Wii U sales not covering its running costs.

The Sony deal will allow it to keep producing the Wii U component. Nintendo would otherwise have been forced to pay Renesas more to keep it open, since it can't be readily sourced from elsewhere.

So even Nintendo didn't find it worth buying. Another great investment by Sony.