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Age of Mythology: The Titans Expansion v1.03
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Samsung Electronics Shares Rise On Rumors Of Future Chip Manufacturing For Intel
Intel is expected to formally determine which components, which debut in the market in 2023, it will self-manufacture and which will go to contractors this month. TSMC comes to mind in the first place when looking for executors of such orders, but fortune may smile at Samsung Electronics, whose shares have risen in price to a record level amid these rumors.
Image source: Yahoo! Finance
Bloomberg reports this in the continuation of the story of Intel’s search for executors of orders for the production of serial products in 2023. As previously reported, TSMC can offer Intel the production of necessary components using 4nm technology in 2022, for this the Taiwanese contractor is even ready to properly profile the plant under construction in Baoshan. Prototypes of profile products manufactured using 5nm technology may appear already this year.
While these rumors had almost no effect on the dynamics of TSMC shares, which feels good even without Intel orders, Samsung Electronics shares rose in price to a record level, having risen in price by 9% per day, which has not happened since March last year. As informed sources explained to Bloomberg, negotiations between Intel and Samsung are still at a preliminary stage, since the customer is more interested in cooperation with TSMC. But everything may turn out in such a way that Intel will be forced to turn to Samsung if TSMC does not provide the proper volume of production of its products.
Samsung Electronics has long been trying to establish itself as a contract manufacturer so that it is less dependent on the constantly fluctuating memory market. She has already lured NVIDIA and Qualcomm to her conveyor, and Intel orders are certainly a tidbit for the Korean manufacturer. This year, Samsung’s capital expenditures will reach $ 30 billion, part of the amount will most likely be spent on the development of contract services.