Intel is making strides in its bid to become a true player in the contract chip manufacturing business. Sources familiar with the matter told Reuters that
"While unwelcome, volatility is common in semi stocks and does not always presage a fundamental shift," Bank of America said.
Intel rivals Taiwan Semiconductor Manufacturing Co and Broadcom are reportedly exploring potential deals that could split the storied American chip giant.
18h
Intel is testing its last shot at redemption. Nvidia and Broadcom are interested--but will they actually commit?
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