President Trump says US chip making business was stolen by Taiwan, blames former presidents, reiterates Intel was great under Andy Grove's leadership.
Donald Trump has once again addressed the issue of the U.S. losing its dominance in the semiconductor industry, this time blaming previous administrations for allowing Taiwan to take control of
Investors are selling out of Intel stock after Taiwan Semiconductor Manufacturing 's CEO visited the White House yesterday and announced a $100 billion investment to expand its U.S. manufacturing capacity. Some investors have been hoping that TSMC will buy Intel's foundry business, and yesterday's news left them disappointed.
While chip stock Intel (INTC) has been almost frantically trying to build its foundry operations, it still outsources quite a bit of its chip
Intel rivals Taiwan Semiconductor Manufacturing Co and Broadcom are reportedly exploring potential deals that could split the storied American chip giant.
TSMC Chairman C.C. Wei recently held a press conference with US President Donald Trump at the White House, announcing an additional investment of US$100 billion in the US. Shortly after, he convened another press conference with Taiwan's President Ching-te Lai to clarify TSMC's intentions regarding its investments in the US.
In recent years, Intel (INTC) stock has struggled to deliver what investors want most: returns. Management shakeups, operational setbacks, and
As of this writing, Intel stock has gained 30% in 2025 -- trouncing the returns generated by the S&P 500 and Nasdaq Composite. Interestingly, the entirety of Intel's gains this year took place right after Feb. 10. This is the time during which VP Vance attended the AI summit and subsequent rumors of an Intel-TSMC joint venture popped up.
After years of decline, the once-great Silicon Valley icon is reportedly considering a plan to split itself apart.