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Markets · Investing · Business
Finance
Intel Is Stealing the Foundry Spotlight. Is TSMC Still the Most Important Company in Chips?
Intel(NASDAQ: INTC) is having a moment. The stock spiked to an all-time high on Thursday after President Donald Trump said on social media that Apple had agreed to work with the company to design and build chips in the U.S. It was the latest in a run of high-profile interest that includes an announced collaboration with Nvidia.
After years of being written off, Intel's foundry comeback suddenly looks convincing -- and the stock is up more than 500% over the past year.
Details
This raises a fair question about the longtime foundry leader, Taiwan Semiconductor Manufacturing(NYSE: TSM): Is its grip on advanced chip manufacturing finally loosening?
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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