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 (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,
Not 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,
Key Takeaways The S&P 500 gained 0.2% on Tuesday, Feb. 18, 2025, posting a record close to kick off an abbreviated trading week that will see the release of the Fed's latest meeting minutes.Intel stock surged following reports that industry peers TSMC and Broadcom are evaluating separate deals that would separate the chipmaker's design and
Last week, we reported of a Wall Street Journal post claiming that TSMC was in talks to take control of Intel's fabs in some kind of joint venture. Now it's being reported that is not the case, while yet more reports say that TSMC may indeed take Intel's fabs in a deal that sees Broadcom snap up the chip design side of Intel's business.
The shares of Intel Corporation (NASDAQ: INTC) are trading 4.6% higher in Tuesday pre-market amid reports of a deal with Broadcom Corporation (NASDAQ: AVGO) and Taiwan Semiconductor Manufacturing Co.
Intel stock surged nearly 16% on Tuesday after a Wall Street Journal report suggested that Broadcom and TSMC were considering potential bids for the renowned chipmaker. Broadcom is said to be eyeing Intel’s chip design businesses,
Former Intel CEO Craig Barrett has criticized proposals to split the company, blaming the board for its decline and arguing that firing them and reinstating Pat Gelsinger would be a smarter move as Intel fights to regain its competitive edge against TSMC and Broadcom amid financial struggles and production delays.