$Intel(INTC)$ Too bad INTC too-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Intel(INTC)$ Too bad INTC took a hit on the rumor, though the news landed on a red market day.

Elon Musk moved to shut down speculation about TSMC taking operational control of the Terafab AI chip complex, writing on X that his company will build and run the fab, with zero doubt about that, and limiting Taiwan Semiconductor's potential involvement to a possible sublease of part of the site.

Initial investment is $16.8 billion, with total potential spending across all phases reaching up to $119 billion and a planned workforce of at least 3,000.

Intel joined as the sole named manufacturing partner in April, with its next-generation 14A process node designated as the facility's only identified technology.

For Intel, the resolution matters more than it might seem on the surface. The company's external foundry revenue totaled just $293 million in Q2, making Terafab one of its most visible outside wins.

$Taiwan Semiconductor Manufacturing(TSM)$ $iShares Semiconductor ETF(SOXX)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ $VanEck Semiconductor ETF(SMH)$

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The company's external foundry revenue totaled just $293 million in Q2, making Terafab one of its most visible outside wins.</p>\n<p><a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$&nbsp;</a> <a href=\"https://ttm.financial/S/SOXX\">$iShares Semiconductor ETF(SOXX)$&nbsp;</a> <a href=\"https://ttm.financial/S/SOXL\">$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$&nbsp;</a> <a href=\"https://ttm.financial/S/SMH\">$VanEck Semiconductor ETF(SMH)$&nbsp;</a></p>\n<p><img src=\"https://community-static.tradeup.com/news/128a435009314226a829d4add083604f\" tg-width=\"1377\" tg-height=\"907\"></p></body></html>","text":"$Intel(INTC)$ Too bad INTC took a hit on the rumor, though the news landed on a red market day. Elon Musk moved to shut down speculation about TSMC taking operational control of the Terafab AI chip complex, writing on X that his company will build and run the fab, with zero doubt about that, and limiting Taiwan Semiconductor's potential involvement to a possible sublease of part of the site. Initial investment is $16.8 billion, with total potential spending across all phases reaching up to $119 billion and a planned workforce of at least 3,000. Intel joined as the sole named manufacturing partner in April, with its next-generation 14A process node designated as the facility's only identified technology. For Intel, the resolution matters more than it might seem on the surface. 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