Intel's Bold Move: Spinning Off Programmable Chip Unit To Compete With Taiwan's TSMC

Driven by rising demand for chips in the pandemic era, semiconductor stocks have been one of the best-performing sectors over the past few years. The recent artificial intelligence (AI) boom propelled the need for semiconductors further, with chipmakers such as Nvidia Corp. (NASDAQ:NVDA) that cater to AI software becoming the biggest gainers. Intel Corp., which has long been the dominant chipmaker, has been restructuring its business to accommodate changing market dynamics. Intel has been laggin

Related Keywords

United States ,Taiwan ,America ,Mark Cuban ,Oprah Winfrey ,Sandra Rivera ,Bill Gates ,Pat Gelsinger ,Nasdaq ,Altera Corp ,Programmable Solutions Group ,Programmable Solutions Group Spinoff ,Intel ,Data Center ,Intel Corp ,Taiwan Semiconductor Manufacturing Co ,Intel Programmable Solutions Group ,Nvidia Corp ,Taiwan Semiconductor Manufacturing ,Kevino Leary Backed ,Programmable Solutions ,North America ,Autonomous Security Robots ,Jeff Bezos ,Benzinga Pro ,Bold Move ,Taiwan Semiconductor Manufacturing Co Ltd ,Artificial Intelligence ,Semiconductor Stocks ,