Intel Stock Surges 315% in Volume Ranking 11th as TSMC Partnership Boosts Manufacturing

On April 3, 2025, Intel (INTC) saw a significant surge in trading volume, reaching $53.69 billion, a 315.3% increase from the previous day, ranking 11th in the day's stock market activity. The stock price of Intel rose by 2.05%.

Intel and Taiwan Semiconductor Manufacturing Co (TSMC) have reached a preliminary agreement to form a joint venture to operate Intel's manufacturing facilities. This strategic collaboration aims to leverage TSMC's expertise in chip production, with TSMC acquiring a 20% stake in the new venture. The joint venture is expected to enhance Intel's manufacturing capabilities and drive innovation in the semiconductor industry.

This move comes as Intel seeks to strengthen its position in the competitive chip market, where TSMC is renowned for its advanced manufacturing processes. The partnership is seen as a significant step for Intel, which has been facing challenges in maintaining its leadership in the semiconductor sector. The joint venture is expected to provide Intel with access to TSMC's cutting-edge technology and expertise, potentially boosting its production efficiency and product quality.