Taiwan Semiconductor Manufacturing stock rose 2.1% despite market pullback, speculation around Intel's chip fab business.

From Yahoo Finance: 2025-03-20 18:36:00

Taiwan Semiconductor Manufacturing (TSM) stock gained 2.1% despite market pullback. Reports indicate TSMC won’t buy Intel’s chip foundry business, which has been struggling with losses. Speculation suggests TSMC, Nvidia, and others could step in to buy or invest in Intel’s chip fab business. If Intel’s foundry unit becomes a leading provider for AI chips, TSMC stock could see huge gains, but investing in Intel’s business poses risks. The Motley Fool is issuing “Double Down” alerts for three companies with significant growth potential. Stock Advisor returns have been impressive.



Read more at Yahoo Finance: Why Taiwan Semiconductor Manufacturing Stock Jumped Today