Hunting for market share

Hunting for market share

Intel’s $20 billion foundry plan hits TSMC, Samsung shares.

  • #Intel's plan to spend billions of dollars on new factories and create a foundry business that will make chips for other companies sent shares of competitors #TSMC and #Samsung lower.
  • #Blockchain.com, the company behind a popular cryptocurrency wallet, an exchange, a block explorer and more, has raised a $300 million Series C round.
  • Global equities dipped and the Dollar hovered near four-month highs as concerns about extended economic lockdowns in Europe and the potential for higher taxes in the United States weighed on investor sentiment.

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