Intel shares jumped 9% in early trading after The Wall Street Journal reported that Broadcom and TSMC were eyeing separate deals that would break the U.S. chip maker in two. Read more:
Intel could sell its foundry and chip design segments to TSMC and Broadcom. TSMC would extend its lead as the world’s largest contract chipmaker. Broadcom would further expand its diversified chipmaking business.
Key Takeaways Intel shares rose Tuesday morning following reports over the weekend that competitors Broadcom and TSMC are considering bids for the chipmaker.Broadcom's bid would focus on Intel's chip design services,
Intel’s board has been in talks with potential buyers and the U.S. government, The Wall Street Journal said. Former CEO Gelsinger stepped down in December.
Intel's rivals Taiwan Semiconductor and Broadcom are eyeing deals that would break the U.S. chipmaker in two, the Wall Street Journal reported
Intel (INTC) stock soars on potential TSMC (TSM) and Broadcom (AVGO) deals, but analysts warn of regulatory risks. Explore investor insights and future outlook.
Intel stock fell Wednesday, ending a massive upswing that saw the stock notch its biggest five-day gain in its history as a publicly traded company.
According to The Wall Street Journal, Broadcom is said to be interested in Intel’s chip designs while TSMC may want to take over the company’s manufacturing capabilities. Although nothing is official,
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ExtremeTech on MSNBroadcom and TSMC Consider Taking a Bite out of IntelNot all that long ago, the prospect of chip giant Intel breaking up would have been unthinkable. But Intel’s foundry business has lost billions in recent years and Pat Gelsinger, the CEO who championed Intel’s beleaguered foundry,
Chip giants TSMC (NYSE:TSM) and Broadcom (NASDAQ:AVGO) are exploring potential bids for Intel (NASDAQ:INTC), possibly splitting the semiconductor leader, according to the Wall Street Journal. TSMC is evaluating
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Broadcom has been examining Intel's chip-design and marketing business. Sources familiar with the matter told the Wall Street Journal that Broadcom has informally discussed the possibility
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