Intel Becomes Plan B for the Semiconductor Industry. Here's How That's a Winning Strategy

The semiconductor industry has spent the last several years confronting a reality few expected: there simply aren't enough advanced chip manufacturing options. Taiwan Semiconductor Manufacturing Company (TSM) has become the dominant producer of leading-edge chips, powering everything from artificial intelligence accelerators to smartphones. As AI demand continues to expand, customers are increasingly looking for alternatives—not necessarily to replace TSMC, but to ensure they have a backup plan if capacity becomes constrained.

That possibility is helping fuel another remarkable rally in Intel (INTC) stock today.