CNBC's Kristia Partsinevelos joins 'Power Lunch' to discuss Taiwan Semi considering running Intel's U.S. factories after Trump team request.
Contract manufacturer TSMC is considering running chipmaker Intel's U.S. factories after requests from U.S. President Donald Trump's team, Bloomberg News reported on Friday.
Stacy Rasgon, Bernstein managing director, joins 'The Exchange' to discuss Intel and what's behind the stocks big week.
Intel (INTC) had a huge week on Wall Street after the Trump administration said it plans to bolster the American A.I. trade with American-made chips.
It's possible that the Trump administration could make some changes to the U.S. Chips Act.
Shares of Intel (INTC -3.88%) were on the move this week, on a number of different news items as investors seemed to spy opportunity in the beaten-down legacy chipmaker.
Following bullish commentary from VP J.D. Vance, Intel (INTC) shares have surged this week.
Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) stands to lose rather significantly as the Trump administration makes good on its commitment to onshoring manufacturing of the world's most advanced AI chips.
Intel Corporation's NASDAQ: INTC stock price has jumped in recent trading sessions, accompanied by an increase in trading volume. The stock, currently trading around $24.62, has climbed by almost 10% in a single day and an impressive 27% over the past week.
Patrick Moorhead, Moor Insights CEO, joins 'Fast Money' to talk Intel's run higher.
Intel Corp (NASDAQ:INTC, ETR:INL) shares continued to move higher during Thursday's trading session following an analyst report that discussed a potential factory partnership between the company and chipmaker Taiwan Semiconductor Manufacturing Co (ADR) (NYSE:TSM) (TSMC). Shares of Intel added 8.5% at about $24, having gained more than 25% in the last five days.
Shares of Intel (INTC 9.05%) were up by 8.4% as of 1:45 p.m. ET Thursday after having gained as much as 10.5% earlier in the session.