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News: $TSM Intel Just Validated Apple's Decision to Ditch It
Chip giant Intel (NASDAQ: INTC) reported second-quarter results last week, and the release included the bombshell announcement that the company's 7-nanometer processors would be delayed by approximately six months. Those chips were initially scheduled to launch in late 2021, so the delay wil...
Shares of Taiwan Semiconductor Manufacturing Company (NYSE: TSM) surged on Friday, likely in response to Intel 's (NASDAQ: INTC) disclosure that its 7nm manufacturing process would be delayed . Shares of TSMC were up 11.2% at 12:30 p.m. EDT, while shares of Intel were down more than 15%....
Microchip giant NXP Semiconductors (NASDAQ: NXPI) was on a roll at the end of 2019. The stock was setting fresh all-time highs as the company recovered from the dual hangovers of Chinese-American trade tensions and the failed merger with Qualcomm . Then the COVID-19 pandemic came a...