Reported 27 days ago
Intel is facing significant challenges in its foundry business and is in search of a new CEO, leading to perceptions of it as 'a sinking ship.' Meanwhile, Taiwan Semiconductor Manufacturing Company (TSMC) is being considered to operate Intel's US factories as a potential lifeline for the struggling company at the request of the Trump administration. Analyst Ted Mortonson suggests that TSMC's expertise in advanced manufacturing makes it the ideal helper for Intel, particularly as the industry moves toward generative AI technologies.
Source: YAHOO