Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company’s board.
Browsing: TSMC
Intel is working with investment bankers to help navigate the most difficult period in its 56-year history.
Intel, which is cutting thousands of jobs, recently sold its stake in British chip firm ARM Holdings.
Donald Trump’s comments that Taiwan hollowed out the US semiconductor industry are incorrect.
Taiwan should pay the US for its defence, US presidential candidate Donald Trump said, sending shares of TSMC down.
TSMC’s shares jumped as much as 4.5% in Taipei on Monday, extending its rally this year to more than 75%.
Nvidia has entered correction territory after it extended a sharp recent selloff.
The bullish chorus on TSMC is growing even louder as a stock rally takes it near the $1-trillion market value milestone.
Nvidia shares jumped 5.9% to US$1 005 in extended trade, peaking above the psychologically important $1 000 mark.
If China invades Taiwan, ASML and TSMC have ways to disable the world’s most sophisticated chip-making machines.