Intel (INTC) and TSMC JV Unlikely to Succeed, Says Citi

Intel (INTC) and TSMC JV Unlikely to Succeed, Says Citi

Key Insights:

  • Citi analysts question the viability of Intel’s joint venture with TSMC, recommending a focus shift back to core operations.
  • Intel’s stock sees a 7% increase despite Citi’s maintained neutral outlook.
  • Wall Street’s consensus suggests…

Article Source
https://www.gurufocus.com/news/2763150/intel-intc-and-tsmc-jv-unlikely-to-succeed-says-citi