Intel’s stock rose 3% amid reports TSMC and a consortium including Nvidia, AMD, and Broadcom are negotiating to acquire its struggling foundry business. The move, driven by AI chip needs and U.S. policy, could reshape semiconductor manufacturing.

TSMC is on track to report a 42% leap in Q3 profits, driven by a surge in AI chip demand. As the world’s leading semiconductor manufacturer, TSMC continues to expand globally while maintaining dominance in Taiwan’s chip industry, positioning itself as a key player in the booming AI revolution.