Intel's Trading Volume Drops 34% to $35.66 Billion Ranking 26th Amid TSMC Joint Venture Talks

Generado por agente de IAAinvest Market Brief
viernes, 4 de abril de 2025, 8:04 pm ET1 min de lectura
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On April 4, 2025, Intel's trading volume reached $35.66 billion, a significant decrease of 34.02% from the previous day, ranking 26th in the day's stock market activity. Intel's stock price fell by 11.50%.

Intel and Taiwan Semiconductor Manufacturing Co. have engaged in discussions to form a joint venture aimed at operating Intel's chipmaking facilities. This potential collaboration could revitalize Intel's foundry business, which has been struggling in recent times. The joint venture would leverage Intel's U.S. foundry facilities to manufacture advanced chips, with TSMC taking a 20% stake in the new venture. This strategic move is expected to enhance Intel's competitive position in the semiconductor industry.

As part of the negotiations, TSMC has proposed sharing some of its manufacturing techniques with IntelINTC--. This exchange of expertise could provide Intel with the technological edge needed to improve its chip production capabilities. The joint venture is seen as a significant step towards boosting U.S. chip production and addressing the global semiconductor shortage.

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