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Business

Why Intel Stock soars today

BARI
Last updated: February 15, 2025 6:06 am
BARI
Published February 15, 2025
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Actions of Intel (NASDAQ: Intc) increased by 8.4% to 1:45 p.m. Thursday after winning up to 10.5% earlier in the session. At the time, the S&P 500 was up 0.5% and the Nasdaq Composite had won 0.8%.

Reports revealed on Wednesday that the semiconductor giant, who has lagged behind his peers in the AI ​​era, is in talks with Taiwan semiconductor Manufacturing For an agreement that would help its manufacturing division in difficulty. In a research note, Baird analyst Tristan Gerra said that on the basis of the “supply chain discussions in Asia”, it was to understand that Intel, TSMC and the US government discuss the Plans that include TSMC sending engineers to Intel manufacturing factories to manufacturing factories for manufacturing factories for Intel manufacturing factories to improve them, creating a greater degree of parity between the manufacturing capacities of the manufacturing capacities two companies.

It is also possible that the Division of Intel foundries is take off In a new joint venture belonging to Intel and TSMC.

While Intel has long been a leader in the flea industry, he has been late in recent years. The ascent of the rival Nvidia In the middle of the AI ​​boom, he left Intel in the dust. The company has attempted to upgrade its flea manufacturing capacities to better compete with the AI ​​crucial market, but its efforts have been largely unsuccessful so far.

TSMC, which makes chips in Taiwan for Nvidia and other intel competitors, is the gold stallion in the manufacture of fleas. An agreement with TSMC which allows Intel foundries to produce chips equally with those of its rivals could change the situation for society in difficulty.

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Johnny Rice Has no position in the actions mentioned. The Motley Fool has positions and recommends Intel, Nvidia and Taiwan semiconductor manufacturing. The Motley Fool recommends the following options: Court February 2025 $ 27 calls Intel. The Word’s madman has a Disclosure policy.

Why Intel Stock soars today was initially published by the Motley Fool

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