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MarketBeat
MarketBeat
Gabriel Osorio-Mazilli

Intel's New Buyers Mean Good News for Taiwan Semiconductor Stock

News is starting to show up again for the United States technology sector, this time in a more unconventional manner than over the past couple of years. The United States government and other entities are starting to buy up significant stakes in one company, which is best positioned to carry on the onshoring agenda for chipmaking and semiconductor capacity for the nation.

The new buys for Intel Corp. (NASDAQ: INTC) mean that the company's potential upside and future expansion are very much alive. However, investors can look past that event and see which other lateral plays will stand to benefit from such expansion, such as the names behind the raw materials and equipment that a company like Intel needs in the first place to make its chips.

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