Intel (INTC) and TSMC Explore Joint Venture for Foundry Business

Intel (INTC) and TSMC Explore Joint Venture for Foundry Business

Key Highlights:

  • Intel (INTC, Financial) and TSMC are exploring a potential joint venture, boosting Intel shares by 2%.
  • Wall Street analysts predict a modest upside for Intel’s stock, with a one-year target of $22.86.
  • The GF Value estimate suggests…

Article Source
https://www.gurufocus.com/news/2762530/intel-intc-and-tsmc-explore-joint-venture-for-foundry-business