US Stock Market Move | Intel Corporation (INTC.US) fell nearly 3% Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR denies collaboration rumors.

17/04/2025

GMT Eight

On Thursday, Intel Corporation (INTC.US) fell nearly 3% to $18.67. In terms of news, CEO Wei Zhejia of Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR stated that Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR has not been involved in discussions with any company to form a joint venture or share technology, refuting longstanding speculation that the company is in negotiations with Intel Corporation. Earlier reports had suggested that Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR and Intel Corporation had reached a preliminary agreement to establish a joint venture to operate Intel Corporation's chip factories.

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US Stock Market Move | Intel Corporation (INTC.US) fell nearly 3% Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR denies collaboration rumors.

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