Intel Shares Fall 3.9% to $91.61 as TSMC Packaging Comments Challenge Expansion
Intel shares were down approximately 3.94% at $91.61 at 11:17 a.m. ET on October 16. TipRanks reported that TSMC signaled it could support customers if competing packaging capacity falls short.
Intel (NASDAQ:INTC), the processor and chip manufacturer, is facing renewed competition in advanced packaging. Shares were at $91.61, down approximately 3.94%, at 11:17 a.m. ET on October 16. TipRanks reported that TSMC signaled it could support customers if competing packaging capacity falls short.