Reported 2 days ago
Intel and Taiwan Semiconductor have partnered to create a joint venture in the U.S. aimed at producing advanced chips, prompting a rise in Intel's stock despite ongoing market challenges. However, analysts are questioning the venture's viability, as Intel’s foundry business continues to record significant losses, with calls for the company to refocus on its core manufacturing instead of merging with Taiwan Semi. The contrasting operational strategies of the two companies could hinder the success of their collaboration.
Source: YAHOO