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.
Intel (INTC) stock jumped Tuesday following a Wall Street Journal report that its rivals Broadcom and TSMC are exploring potential deals with the chipmaker that would split it into two.
Intel is testing its last shot at redemption. Nvidia and Broadcom are interested--but will they actually commit?
7hon MSN
Tests show chip designers moving closer to manufacturing decision Intel’s contract manufacturing business faces delay to mid-2026 Intel foundry revenue expected to
Chip designers Nvidia and Broadcom are testing Intel's advanced 18A manufacturing process, assessing its capability for large contracts. While these tests mark a potential endorsement, Intel faces delays in finalizing intellectual property crucial for production.
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