Intel

Intel CEO Lip-Bu Tan reaffirms the company's stake in Musk's Terafab project, while Musk rejects a TSMC operator role. Terafab is seen as a possible first large external customer for Intel's 14A technology and heavily shapes market expectations. Intel's foundry recorded revenue growth but still posts operating losses and is highly dependent on a few major customers. The core data center and AI business is growing markedly, yet investors remain cautious due to reliance on external orders and long time-to-market. » Más en finanzen.net

Intel CEO Lip-Bu Tan said Intel's participation in the Terafab project with SpaceX, Tesla and xAI remains unchanged after Elon Musk confirmed talks with TSMC. Intel joined in April as a development partner to help with the design, manufacturing and packaging of high-performance AI chips. Concrete orders, investment amounts and timelines remain open, but the statement is intended to calm short-term investor concerns about a diminished role. » Más en deraktionaer.de

Intel shares fall in premarket trading after reports that TSMC is in talks with Elon Musk’s Terafab about a possible stake. Market participants fear TSMC could own and operate the fab, excluding Intel’s 14A process from the project and further burdening the already loss-making foundry business. Analysts mostly rate Intel as “Hold,” while market share in laptops and desktops continues to decline. Investors should closely watch statements from Intel, Musk and any concrete agreements with TSMC. » Más en finanzen.net