Stock Market Fluctuations | Intel (INTC.US) Rises Over 4% as Trump Demands TSMC to Acquire 49% Stake
We have learned from our financial sources that on Tuesday, Intel (INTC.US) rose over 4%, closing at $20.30. On the surface, it is reported that as a condition for reducing tariffs, the Trump governme
We have learned from our financial sources that on Tuesday, Intel (INTC.US) rose over 4%, closing at $20.30. On the surface, it is reported that as a condition for reducing tariffs, the Trump government is demanding TSMC to jointly acquire up to 49% stake in Intel. Long-term, Intel has been trapped in a "quagmire" of poor management, with five consecutive quarters of losses since the third quarter of 2024. To get Intel back on track, the Trump government is pressing TSMC.