The Wall Street Journal reported that both companies are in initial stages of consideration of offers, which has generated great expectation in the market.
The actions of Intel (INTC) registered an increase after knowing reports on Negotiations with Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) for possible acquisitions that would divide the company into two.
Broadcom (AVGO) would be interested in Intel’s chips design business, while TSMC would evaluate its factories, although this last agreement would imply a challenge due to differences in manufacturing processes.
Intel
Wall Street Journal
Financial Market: Intel’s actions rise
The Wall Street Journal reported that both companies are in initial stages of consideration of offers, which has generated great expectation in the market. These rumors arise after a complicated 2024 for Intel, marked by a 60% drop in their actions and the departure of its CEO, Pat Gels, who failed to reverse the crisis.
This possible movement could mean a key restructuring for Intel, which faces difficulties in its recovery plan and growing competition in the industry. The market reaction was immediate: Intel’s shares rose more than 5% in operations prior to opening, after having fallen 46% in the last 12 months. For its part, TSMC rose less than 1% and Broadcom showed no significant changes.
The semiconductor panorama is in constant transformation, and a possible Intel division, with the participation of two giants such as Broadcom and TSMC, could alter the balance of the sector. Analysts consider that, although these agreements would be complex, they represent an opportunity for Intel to recover competitiveness and improve their financial position. For now, the market observes carefully, waiting for official confirmations that could define the future of one of the most iconic companies in the technological sector.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
