2 months The Semiconductor Big Dogs Are Eyeing Intel’s Foundry Business, Sending Shares Higher 24/7 Wall St.

Shares of Intel (NASDAQ:INTC) are up 4% heading into midday trading Wednesday on reports that the world’s leading contract chipmaker, Taiwan Semiconductor Manufacturing (NYSE:TSM), has proposed a groundbreaking joint venture with U.S. chip giants Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), and Broadcom (NASDAQ:AVGO) to buy and operate Intel’s struggling foundry business. This pitch also reportedly […]

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