From Nasdaq.: 2025-04-03 17:19:00

Intel stock (NASDAQ: INTC) rose 2.1% despite market sell-offs, with a potential deal with Taiwan Semiconductor Manufacturing boosting shares by up to 8.7%. The S&P 500 fell 4.9% and the Nasdaq Composite dropped 6% due to new tariffs. Intel and TSMC are reportedly finalizing a deal where TSMC would take a 20% stake in Intel’s chip foundry unit. This partnership could position Intel as a major player in the high-demand AI chip market. The Motley Fool’s Stock Advisor team recommends 10 top stocks to buy, but Intel is not on the list. Stocks like Nvidia have yielded significant returns in the past.



Read more at Nasdaq.: Why Intel Stock Jumped in a Brutal Day for the Market