The semiconductor industry has been the center of attention for investors looking to get into the United States technology sector. However, after a couple of years of nothing but upside, it seems that all of the good news had been priced into the stratospheric rallies seen in names like NVIDIA Co. (NASDAQ: NVDA), but that volatility might be about to reverse on a new announcement.
[content-module:CompanyOverview|NYSE:TSM]Global semiconductor production and capacity leader Taiwan Semiconductor Manufacturing (NYSE: TSM) reportedly has pitched a few of the biggest names in the industry, including Intel (NASDAQ: INTC), Advanced Micro Devices (NASDAQ: AMD), and NVIDIA, about going into a joint venture to operate and run what could be the biggest foundry footprint in the United States. Of course, there are still regulatory, anti-trust, and other loopholes to be jumped through in order to make this happen. Still, the reasoning behind it is what should matter most to investors.
