Intel shares fall approximately 6% as TSMC hints at supporting packaging customers
INTC Intel Corp
$89.85 -5.79%
View chart & analysis → - 1TSMC CEO C.C. Wei stated that the company will support customers unable to secure sufficient EMIB-T packaging capacity from Intel.
- 2Intel shares fell 5.79% on October 16, closing at $89.85.
- 3Intel Foundry recorded an operating profit of $10.3018 billion in fiscal year 2025.
So what's the key point?
TSMC said it would help customers who cannot use Intel's technology. Following this news, Intel's stock price fell by about 5.79 percent.
Source TIKR · View original ↗
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