TSMC said open to deal to 'make Intel great again'

What If TSMC takes over Intel Foundry?

Reports recently surfaced that U.S. officials requested Taiwan Semi (NYSE: TSM) to consider acquiring Intel's (NASDAQ: INTC) U.S. factories, prompting speculation about a potential industry-shaping event.

While no official confirmation has been made and Reuters reported that President Trump is unlikely to support the idea, Needham & Company analysts believe such a deal is a viable option for both Intel and TSMC.

"Intel... More

Lynx Equity on Intel (INTC): 'We would fade the rally'

Lynx Equity on Intel (NASDAQ: INTC): 'We would fade the rally'.

The analyst comments "Why would TSM wish to take a stake in Intels IFS? On more than one occasion, senior members of the TSM management team have expressed their distaste for running fabs overseas, due to higher cost and lack of local talent pool. Why then would TSM wish to acquire an external foundry having questionable performance at advanced... More

Northland on Intel (INTC): 'In Play'

Northland analyst Gus Richard reiterated an Outperform rating and $28.00 price target on Intel (NASDAQ: INTC)

The analyst comments "INTC in Play: There are reports over the weekend that BRCM would consider buying Intel if it can find a buyer for the manufacturing assets. Other press reports suggest that TSMC has considered investing in or taking over INTC's fabs. However, the administration might not support a foreign company operating INTC's U.S. fabs. These persistent rumors and the lack... More

BofA Securities Reiterates Underperform Rating on Intel (INTC)

BofA Securities analyst Vivek Arya reiterated an Underperform rating and $19.00 price target on Intel (NASDAQ: INTC).

The analyst comments "Media reports suggest the possibility of Intel (INTC) splitting up, with AVGO and TSMC interested in acquiring parts of the design and manufacturing segments. None of the parties have made any... More