🔴 Semiconductor ETF (INTC.TO) is trading 3.15% down as Terafab weighs TSMC collaboration, raising Intel questions

INTC.TO is trading at CA$63.00 (-3.15%) as investors weigh reports that Elon Musk’s Terafab venture is discussing a potential collaboration with TSMC, raising questions about Intel’s role.

• Intel shares were reported down 2.63% on October 6.
• Chip shares also pulled back after a strong start to October, while broader U.S. markets were higher, pointing to semiconductor-specific weakness rather than a broad-market selloff.