Report
Intel stock falls 3% after Musk confirms TSMC talks over Terafab
Business Insider reports Musk described the potential TSMC partnership as “just discussions,” adding that “something may come of it.”
TLDR
Business Insider reports Intel shares fell 3% on October 5 after Elon Musk responded to a report that TSMC could work with Terafab, a planned chip plant. Musk said, “Just discussions, but something may come of it.” Intel joined the project in April, and Business Insider said no deal with TSMC was in place.
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