Intel: TSMC Rejects Investment Interest. But NVIDIA Evaluates Foundry and Chip Packaging Technology!

Intel  (i) (INTC) fell by over 6.5% on March 19, 2025, as TSMC and NVIDIA denied any interest in a (partial) acquisition/investment in the foundry business. Instead, there were some interesting statements from NVIDIA. NVIDIA regularly evaluates foundry technology and will continue to do so. This keeps the possibility alive that NVIDIA might have its chips manufactured by Intel in the future, not just TSMC. Under the new CEO, Intel aims to expand its foundry business significantly with more customers and, importantly, maximize its utilization....