Intel (INTC) Approaches Taiwan Semiconductor Manufacturing Company Regarding Investments, Reports Reuters

Intel Corporation (NASDAQ:INTC) is one of the Best WallStreetBets Stocks to Invest In. On September 25, Reuters, while quoting WSJ, highlighted that Intel Corporation (NASDAQ:INTC) approached Taiwan Semiconductor Manufacturing Company regarding the investments in manufacturing or partnerships. This comes after a Bloomberg report stating that Intel Corporation (NASDAQ:INTC) was in talks with Apple about securing an investment. The chipmaker’s CEO has been trying to bring in partners as part of the turnaround, noted Reuters.

Earlier, the company also announced an agreement with the Trump Administration to support the continued expansion of American technology and manufacturing leadership. Intel Corporation (NASDAQ:INTC) remains focused on strengthening its core product portfolio and its AI roadmap to better serve its customers. Furthermore, it has been taking actions required to build a more financially disciplined foundry. The company’s Q2 2025 results demonstrate strong demand throughout its business and good execution. Intel Corporation (NASDAQ:INTC) saw revenue of $12.9 billion, which was flat on a YoY basis.

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Disclosure: None. This article is originally published at Insider Monkey.