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Morris Chang Saw Writing On The Wall 20 Years Ago For The Likes Of Intel And Samsung And Why They Would Never Be Able To Beat TSMC In Foundry Business
Saturday, May 24, 2025 - 11:31am | 1029Nearly two decades ago, Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) founder Morris Chang explained why Intel Corp (NASDAQ:INTC) and Samsung Electronics (OTC:SSNLF) wouldn’t stand a chance in the foundry business—and history is proving him right. What Happened: During a 2007 conversation...
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Intel Targets Nvidia, Broadcom With Renewed Chip Design And Foundry Push, Says UBS
Tuesday, March 25, 2025 - 6:19am | 774Intel Corp. (NASDAQ:INTC) is reportedly strategizing to rejuvenate its chip design and broaden its foundry business, with the potential of securing significant clients such as Nvidia Corp. (NASDAQ:NVDA) and Broadcom Inc. (NASDAQ:AVGO). What Happened: UBS analyst Timothy Arcuri believes Intel’...
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Intel Beats Investor Lawsuit After $32 Billion Stock Plunge—Judge Rules Foundry Losses Weren't Misleading
Wednesday, March 5, 2025 - 9:50pm | 630In a decision made public on Tuesday, a U.S. federal judge has dismissed a shareholder lawsuit accusing Intel Corp. (NASDAQ:INTC) of misleading investors about its foundry business, which contributed to a $32 billion market value wipeout after the company reported heavy losses. What Happened:...