BUZZ - Musk's comments on TSMC and Terafab cause Intel shares to decline
路透社2026/10/05 16:11October 5 — Chip maker Intel (INTC.O) shares fell 2.35% to $116.53. Elon Musk, CEO of Tesla (TSLA.O) and SpaceX (SPCX.O), stated on the X platform Saturday that TSMC and his chip manufacturing project Terafab are in discussions about potential cooperation. On Saturday, Musk responded on the X platform to a screenshot of an article titled “TSMC is exploring a partnership with Elon Musk’s TeraFab project,” writing: “Just at the discussion stage for now, but there could be an outcome.” If TSMC becomes involved, it could challenge Intel’s position in the Terafab project. B Riley Wealth Chief Market Strategist Art Hogan said: “The Musk news appears to be a catalyst, but Intel’s sharp rally in September left the stock susceptible to a pullback.” Tesla and Intel have not yet responded to Reuters’ requests for comment. Driven by strong demand for AI and semiconductor stocks, Intel shares rose roughly 34% in September. Including today’s gains, Intel shares have more than doubled this year. (For the convenience of non-English speakers, Reuters automates the translation of its reports into multiple languages. As automated translations may contain errors or lack needed context, Reuters does not guarantee their accuracy and provides them solely for readers’ convenience. Reuters accepts no liability for damages or losses resulting from the use of automated translation functions.)
October 5 - ** Chipmaker Intel (INTC.O) shares fell 2.35%, closing at $116.53
** Tesla (TSLA.O) and SpaceX (SPCX.O) CEO Elon Musk said on the X platform on Saturday that TSMC and his chip manufacturing project Terafab are discussing potential collaboration
** On Saturday, Musk responded on the X platform to a screenshot of an article titled “TSMC is exploring collaboration with Elon Musk's TeraFab plan,” writing: “It’s just at the discussion stage for now, but there could be results.”
** If TSMC participates, it could pose a challenge to Intel’s position in the Terafab project (link)
** B Riley Wealth Chief Market Strategist Art Hogan said: “News related to Musk seems to be a catalyst, but Intel’s sharp rise in September has made the stock vulnerable to a pullback.”
** Tesla and Intel have not immediately responded to a request for comment from Reuters
** Driven by strong demand for artificial intelligence and semiconductor stocks, Intel (INTC) shares rose about 34% in September
** Including the gains of the day, Intel’s stock price has more than doubled so far this year
(To facilitate non-English speakers, Reuters has automated the translation of its reports into several other languages. As automated translations may contain errors or lack necessary contextual meaning, Reuters does not guarantee the accuracy of the translated text and provides automated translations for reader convenience only. Reuters accepts no liability for any losses or damages arising from use of the automated translation feature.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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