Intel principal engineer Joseph Bonetti in a now deleted LinkedIn post says TSMC deal is a mistake, says Intel 18A process is more advanced.
Intel stock soared last week on hopes that the government will orchestrate some kind of partnership between it and TSMC. TSMC's CEO previously said he has no interest in acquiring one of Intel's fabs.
Intel’s stock charged ahead by more than 20% as investors hoped for a breakup of Intel, the United States’ top manufacturer of leading-edge semiconductors. The Biden administration, with the support of Congress,
The Trump administration has reportedly urged TSMC to partner with Intel and expedite its investments in the US. Sources suggest that TSMC is weighing a controlling stake in Intel's factories, a move experts warn could be more harmful than beneficial.
Taiwans Economy Minister Kuo Jyh-huei stated on Tuesday that his ministry has not received any overseas investment application from Taiwan Semiconductor Manufacturing Co (TSMC), amid speculation that the chip giant
Taiwan's economy minister said on Tuesday his ministry had not received information about an overseas investment application by Taiwanese chipmaker TSMC, when asked about possible investment in Intel and the United States.
Intel (INTC) stock soars on potential TSMC (TSM) and Broadcom (AVGO) deals, but analysts warn of regulatory risks. Explore investor insights and future outlook.
Reports indicate that TSMC is contemplating acquiring a stake in Intel's foundry business, a development that could significantly impact Samsung Electronics. This speculation arises amid ongoing efforts by the Trump administration to revitalize the US semiconductor manufacturing sector.
Collectively, the two companies were promised more than $14 billion in government grants. Now, one is failing and may be partially acquired by the other.
Intel stock fell Wednesday, ending a massive upswing that saw the stock notch its biggest five-day gain in its history as a publicly traded company.
Taiwanese semiconductor manufacturer TSMC is reportedly taking interest in Intel's stateside manufacturing plants claims The Wall Street Journal in an article published on Saturday. The news follows Trump's recent claims that the United States will be "placing tariffs on foreign production of computer chips" in the near future.