Musk hints TSMC may join his mega chip venture, and Intel’s stock is taking a hit

Intel's stock is sliding after Elon Musk hinted that Taiwan Semiconductor Manufacturing Company (TSMC) could join his ambitious Teraweb chip factory project. This move could shift the landscape of semiconductor manufacturing, potentially siphoning business away from established players like Intel. TSMC's involvement would be a significant development, given its dominant position in the semiconductor industry. The implications are huge, as this could signal a new competitive threat to Intel, which has long been the giant in the chip manufacturing sector.