Summary:
- Intel and TSMC partner in a joint venture, with TSMC acquiring a 20% stake.
- Despite a 12% rise this year, Intel’s stock is dipping in premarket trading.
- Analysts predict a potential upside for Intel with a “Hold” recommendation.
Intel (
Article Source
https://www.gurufocus.com/news/2763068/intel-intc-partners-with-tsm-on-new-foundry-business