
U.S. Stock Movement | Intel falls nearly 3% as TSMC denies rumors of investment cooperation with Intel again

On Tuesday, Intel fell nearly 3%, closing at $33.46. In terms of news, it was reported that TSMC recently officially denied rumors of negotiations with Intel regarding investment or cooperation, marking another denial from TSMC regarding related cooperation rumors. Previously, there were market reports suggesting that Intel was actively seeking to establish cooperation or obtain investment from TSMC, while also discussing potential collaborations with tech giants like Apple. This news has sparked industry attention regarding possible significant changes in the global chip industry landscape. Despite the ongoing cooperation rumors, TSMC has maintained a cautious attitude. Analysts pointed out that TSMC may be reluctant to collaborate with chip manufacturers that have their own wafer foundry businesses, as Intel is essentially a potential competitor. Additionally, the complex operational situation currently faced by Intel is also an important factor in TSMC's hesitation to cooperate
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