Business

Tech Giant Musk’s Chip Venture Sparks Market Reaction

Updated 2026-10-05 11:40 UTC 1 source Negative

Elon Musk hinted that TSMC might join his mega chip venture, causing Intel's stock to decline. The move could reshape the semiconductor industry and impact investors.

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MarketWatch

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

Intel shares are taking a hit on Monday after a report that TSMC may help with Elon Musk’s Terafab factory.

2026-10-05 11:27 UTC