Despite the ongoing tariff-induced carnage throughout the length and the breadth of the market, Intel shares are still up on a year-to-date basis, albeit marginally. This relative strength has been driven by investors’ conviction that the struggling chipmaker will manage to win generous cooperation from TSMC in resolving its cutting-edge node deficiencies, helped along by copious, behind-the-scene nudges from the Trump administration. Yet, some Wall Street analysts remain decidedly less enthusiastic about the prospects of just such an outcome. As we reported recently, Intel and TSMC have apparently reached an understanding to constitute a JV that would then manage Intel’s […]
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