Chip Stocks Rise After Report of TSMC Interest in JV to Run Intel Factories
Shares of chip makers rose after a report indicating Taiwan Semiconductor Manufacturing had proposed a joint venture to operate Intel's factories. TSMC offered the idea to run the operations of Intel's foundry division to Nvidia,
Intel shares soared 10% in extended trading Wednesday after the beleaguered chipmaker named former board member and chip industry veteran Lip-Bu Tan as its new CEO. Monitor these crucial chart levels.
But what does the future hold for Intel's stock price? If you're considering investing in this chip giant or already own shares, you're probably wondering where the stock is headed. Let’s ...
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