Reported 28 days ago
Intel shares saw a significant increase this week, rising 26% as investors began to see potential in the company despite its previous struggles. Rumors of a potential joint venture with TSMC for advanced chip manufacturing in the U.S., combined with government efforts to boost domestic chip production, fueled optimism. While Intel's future remains uncertain, particularly regarding its foundry business, the recent developments suggest a possible turnaround.
Source: YAHOO