TSMC Trading Volume Surges 165% to 14th Place Despite Stock Drop

Generated by AI AgentAinvest Market Brief
Thursday, Apr 3, 2025 8:21 pm ET1min read
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On April 3, 2025, TSMC's trading volume reached 45.11 billion, marking a significant 165.32% increase from the previous day, placing it 14th in the day's market rankings. TSMC's stock price fell by 7.64%.

Intel and Taiwan Semiconductor Manufacturing Co (TSMC) have reached a preliminary agreement to form a joint venture to operate Intel's chipmaking facilities. This strategic collaboration positions TSMCTSM-- to acquire a 20% stake in the venture, while IntelINTC-- aims to leverage TSMC's expertise in chip production. The deliberations are ongoing, and no final agreement has been reached yet. There is still resistance from some Intel executives concerned about the potential implications of the deal.

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