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TSMC Intel foundry talks are 'very tactical' for chip space

Intel (INTC) is in focus after naming Lip-Bu Tan as its new CEO, effective March 18, following reports that Taiwan Semiconductor Manufacturing Company (TSM) approached chipmakers like Nvidia (NVDA), Advanced Micro Devices (AMD), and Broadcom (AVGO) to run Intel's foundry business in a joint venture. Moor Insights & Strategy CEO, founder, and chief analyst Patrick Moorhead joins Asking for a Trend to discuss how the potential deal would work. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.