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Actions of Intel (Nasdaq: INTC) They increased by 8.4% from 1:45 pm et on Thursday after winning up to 10.5% before the session. At that time, the S&P 500 increased by 0.5% and Nasdaq compound He had won 0.8%.
The reports came out on Wednesday that the semiconductor giant, who has been left behind his classmates in the AI era, is in conversations with Taiwan semiconductor Manufacturing for an agreement that would help its manufacturing division into difficulties. In a research note, the Baird analyst, Tristan Gerra, said that, based on “discussions of the Asia supply chain,” he understood that Intel, TSMC and the United States government are discussing plans that would include TSMC To engineers to Intel manufacturing plants to Intel manufacturing plants to improve them, creating a greater degree of parity between the manufacturing capabilities of the two companies.
It is also possible that Intel’s foundry division is split In a new joint business owned by Intel and TSMC.
While Intel has long been a leader in the chip industry, it has been severely behind in recent years. The rise of the rival Nvidia In the middle of the pen AI has left Intel in the dust. The company has been trying to update its chips manufacturing capabilities to compete better in the AI crucial market, but its efforts have been largely unsuccessful so far.
TSMC, which manufactures chips in Taiwan for Nvidia and other Intel competitors, is the gold standard in chips manufacturing. An agreement with TSMC that allows Intel’s founditions to produce chips along with those of its rivals could be a game change for the company with difficulties.
Before buying shares in Intel, consider this:
He Motley Fool’s actions advisor The team of analysts has just identified what they think are the 10 best actions For investors to buy now … and Intel was not one of them. The 10 actions that made the cut could produce returns of monsters in the coming years.
Consider when Nvidia He made this list on April 15, 2005 … if he invested $ 1,000 at the time of our recommendation, You would have $ 803,695!*
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Johnny Rice It has no position in any of the aforementioned actions. The Motley Fool has positions and recommends the manufacture of Intel, Nvidia and Taiwan semiconductors. The Motley Fool recommends the following options: short of February 2025 $ 27 calls to Intel. The fool has a Disclosure policy.
Why the Intel stock is shooting today It was originally published by The Motley Fool
