Intel’s Moment of Crisis: Can a Strategic Alliance Salvage the Chip Giant?
Intel’s stock dropped over 10% during a volatile day in financial markets, alongside major indices like the S&P 500 and Nasdaq Composite. A potential alliance with Taiwan Semiconductor Manufacturing Company (TSMC) could rejuvenate Intel’s struggling foundry operations. TSMC’s potential 20% stake in a new Intel entity marks a strategic collaboration aimed at boosting operational speed…