Broadcom CEO Hock Tan said he is not interested in pursuing a mergers and acquisitions deal for a unit of Intel.

Chip stock Intel (INTC), not so long ago, was the target of rumors of potential takeover, which gave shares a very nice bump at the time.

Intel rivals Taiwan Semiconductor Manufacturing Co and Broadcom are reportedly exploring potential deals that could split the storied American chip giant.

Chip designers Nvidia and Broadcom are running manufacturing tests with Intel, two sources familiar with the matter told Reuters, demonstrating early confidence in the struggling company's advanced production techniques.

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Intel is rising on a report that two leading AI names are running manufacturing tests using its chipmaking technology.

The report also claims that AMD is "evaluating whether Intel's 18A manufacturing process is suitable for its needs" though it's not clear if AMD has sent any designs through for testing. If it does and then goes on to use Intel Foundry to make some of its products, then this will surely be a first for the CPU industry.

Intel is testing its last shot at redemption. Nvidia and Broadcom are interested--but will they actually commit?

Nvidia sells the lion’s share of the parallel compute underpinning AI training, and it has a very large – and probably dominant – share of AI inference.

Investing.com -- Shares of Intel Corporation (NASDAQ: INTC) fell 2.1% following comments from Broadcom Inc.’s (NASDAQ: AVGO) CEO, Hock Tan, indicating a lack of interest in pursuing a deal for a unit of the semiconductor giant. The market response comes after speculation that Broadcom might be looking to acquire a portion of Intel’s business.

SAN FRANCISCO/SINGAPORE, March 3 (Reuters) - Chip designers Nvidia (NVDA.O), opens new tab and Broadcom (AVGO.O), opens new tab are running manufacturing tests with Intel (INTC.O), opens new tab ...