On Thursday, Taiwan Economy Minister Kuo Jyh-huei told Reuters that Taiwan Semiconductor Manufacturing Co TSM would need government permission for overseas joint ventures.
Chip giant Intel (INTC -5.27%) has tried and failed to break into the lucrative AI accelerator market that's dominated by Nvidia. The company's Gaudi family of AI accelerators had potential, and Intel priced them aggressively, but sales were snarled by an immature software ecosystem.
Shares of Intel (INTC -3.46%) are falling on Tuesday. The stock lost 4.1% as of 12:20 p.m.
With industry-leading performance in AI processing, the Intel Xeon 6 family delivers the industry's best CPU for AI at a lower TCO.
One of the cornerstones of President Donald Trump's campaign was a promise to bring more manufacturing jobs back to the U.S. from overseas. In particular, the new administration has been focused on bolstering domestic technology innovation as the artificial intelligence (AI) revolution intensifies.
The Trump administration wants to beef up existing restrictions on chip exports to China, according to a report.
Taiwan's economy minister said on Tuesday his ministry had not received information about an overseas investment application by Taiwanese chipmaker TSMC , when asked about possible investment in Intel and the United States.
Intel: Renewed AI Opportunities May Prompt A Solid GARP Play
Intel on Monday said that the first two cutting-edge machines from ASML Holding are "in production" at its factories, with early data indicating they are more reliable than the previous generation of machines.
Intel (INTC -1.93%) stock is losing ground Monday amid a broader tech-sector slide. The semiconductor company's share price was down 1.6% as of 3:20 p.m.
Today's Morning Trade focuses on Intel (INTC), which Alan Knuckman believes has plenty of room to run. He thinks a new floor can be built into its stock price following recent optimism from the Trump administration on the U.S. becoming an A.I.
Intel joins short list of companies doing well without permanent CEOs, but the balance of corporate power still tips toward having someone at the helm