Intel said to delay advanced chip order from Taiwan Semiconductor until 2024
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Intel (NASDAQ:INTC) has reportedly delayed an order for advanced semiconductors from Taiwan Semiconductor (NYSE:TSM) until next year.
Citing sources at PC makers, Digitimes reported that Santa Clara, California-based Intel (INTC) would push back orders of 3 nm chips until the fourth-quarter of 2024.

Intel (INTC) and Taiwan Semiconductor (TSM) did not immediately respond to a request for comment.
Intel (INTC) shares were down nearly 1% in premarket trading on Tuesday, while Taiwan Semiconductor (TSM) fell more than 1%.
Last week, investment firm Bernstein said Intel (INTC) may never see its "peak" revenues from the segment ever again as competitors continue to take share.