Chip maker Intel Corporation’s rumored joint venture with the Taiwan Semiconductor Manufacturing Company (TSMC) to boost US chip manufacturing might face anti-trust concerns, believes investment bank Jefferies. Intel’s shares have gained 25% over the past five days after Vice President JD Vance hinted in Paris that his administration would focus on manufacturing the most advanced artificial intelligence semiconductors in the US. Investors are hopeful about the firm’s prospects of regaining manufacturing process technology leadership, but Jefferies remains cautious and believes that TSMC manufacturing a packaging facility in the US is a likelier option. TSMC More Likely To Set Up Packaging […]
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