Intel Is Turning Its Foundry Business Into a Subsidiary. Time to Buy? [Yahoo! Finance]
Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm
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US:NYSE Investor Relations:
tsmc.com/english/investorrelations/index.htm
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Source: Yahoo! Finance
The stock seems to have resurged on news that the company plans to turn its foundry business into a subsidiary. It also expanded its deal with Amazon , inking a new agreement to produce artificial intelligence (AI) chips for Amazon Web Services (AWS). That could transform it into a major player in the AI server chip market. Nonetheless, considering the stock's performance in recent months, one could question whether this recent bounce is a sign that a sustainable recovery for Intel is coming, or if investors should continue to avoid the stock. Intel's new lease on life Without a doubt, Intel has fallen into decline, and its attempted return to prominence under CEO Pat Gelsinger has not gone as planned. The company made ambitious plans to spend tens of billions on new foundries to create a third-party chip manufacturing business that could compete with Taiwan Semiconductor Manufacturing (TSMC) and Samsung. It also made technical improvements and boldly claimed that it would ret
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TSM
Earnings
- 10/18/24 - Beat
TSM
Sec Filings
- 11/8/24 - Form 6-K
- 10/28/24 - Form 6-K
- 10/25/24 - Form 6-K
- TSM's page on the SEC website