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Intel stock surges on report of Broadcom, TSMC exploring deals that would split up chipmaker

Intel stock surges on report of Broadcom, TSMC exploring deals that would split up chipmaker


Published on 2025-02-18 14:20:51 - MSN
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  • Intel (INTC) stock jumped more than 10% early Tuesday following a report that its rivals Broadcom (AVGO) and TSMC (TSM) are exploring potential deals with the chipmaker that would split it into two. The Wall Street Journal reported late Saturday that Broadcom (AVGO) is considering making a bid for Intel's product business,

Intel's stock experienced a significant surge following a report by The Wall Street Journal that Broadcom and TSMC are exploring potential deals that could lead to the breakup of Intel. The report suggests that these deals might involve Intel's manufacturing business, potentially allowing Intel to focus more on its design capabilities while outsourcing production. This news comes at a time when Intel has been facing challenges in maintaining its competitive edge in chip manufacturing technology. The market reacted positively to the possibility of Intel restructuring, as it could streamline operations and potentially increase efficiency and profitability. However, no concrete agreements have been confirmed, and the discussions are still in preliminary stages. This development reflects the broader industry trend towards specialization and strategic partnerships in the semiconductor sector.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/intel-stock-surges-on-report-of-broadcom-tsmc-exploring-deals-that-would-split-up-chipmaker/ar-AA1ziiDN ]
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