Reported 2 days ago
Taiwan Semiconductor Manufacturing Company (TSMC) is solidifying its dominance in the semiconductor market by forming a joint venture with Intel, where TSMC will acquire a 20% stake and offer chipmaking expertise. Despite recent U.S. tariffs impacting global stocks and prompting hedge funds to adopt a more conservative stance, TSMC remains a key player with strong billionaire investor backing, controlling 90% of advanced process nodes crucial for AI technologies.
Source: YAHOO