TSMC, Intel

Intel shares surged Thursday after the struggling chipmaker named Lip-Bu Tan its new CEO, raising hopes for a turnaround.
Reuters reports that TSMC has approached Nvidia, Broadcom and others about a joint venture that would run Intel’s factories.
TSMC reportedly approached a handful of US AI chipmakers to potentially operate Intel's foundry in a joint venture.
Intel's stock was the S&P 500's top performer this week after the chipmaker named a new CEO amid speculation about the future ...