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Intel’s stock drops after Musk hints at an additional partner for big chip venture
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Did they even confirm who the partner is yet? Feels like another headline designed to spook retail investors before market close.
Actually, Intel needs all the help it can get against TSMC right now. Any serious partner would be a positive signal.
Stock dropping on rumors alone? That’s classic Musk volatility. I’m staying on the sidelines until we see actual facts.
Musk always shakes things up. Wonder if this new partner will outpace Intel’s current foundry ambitions entirely?