Intel Is Cooking Up a ‘Win-Win’ Deal With Taiwan Semi. How Should You Play INTC Stock Here?

Intel (INTC) is in focus on Friday after its chief executive said he has recently met with C.C. Wei of Taiwan Semiconductor Manufacturing (TSM) to “find areas we can collaborate and create a win-win situation.”

Intel’s Lip-Bu Tan made the revelation on the earnings call last night, adding the chipmaker sees TSMC as a “partner.”