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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
Intel rivals Taiwan Semiconductor Manufacturing Co. and Broadcom are each eyeing potential deals that would break the US chipmaking icon in two, the Wall Street Journal reported Saturday, citing people familiar with the matter.
Intel faces potential split as TSMC & Broadcom weigh deals amid U.S. security concerns. Explore what's at stake for shareholders & the chip industry.
Intel (NASDAQ:INTC) is at the center of potential acquisition talks, with Broadcom (NASDAQ:AVGO) and Taiwan Semiconductor Manufacturing Co (TSMC) exploring deals that could split the U.S. chip giant,
Broadcom and TSMC reportedly looking to chop Intel in half, with separate interests in its foundry and chip design.
Intel’s interim Executive Chairman Frank Yeary has reportedly been holding talks with both suitors and officials from the Trump administration, who are worried about the fate of a company that is still viewed as critical to U.S. national security. Yeary has reportedly said his main focus is to maximize value for Intel’s shareholders.
People are impatient for Intel to get fixed, and have been for many years. Weird deal after weird deal keeps coming out of the rumor mill, and now we have
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