Intel Stock Jumps on Foundry Partnership Hopes, But Citi Remains Skeptical

Intel Stock Jumps on Foundry Partnership Hopes, But Citi Remains Skeptical

Intel (NASDAQ:INTC) has been on a tear, climbing more than 24% over the past week as rumors swirl about a potential collaboration with Taiwan Semiconductor (NYSE:TSM) on its foundry operations.

Despite the buzz, Citi analyst Christopher…

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