Intel Stock Rises. Nvidia, Broadcom Emerge
The most recent report from The Wall Street Journal claims Intel held "informal" talks to sell its foundry business to TSMC and its chip design business to Broadcom. Both rumored
Related Intel article:Here's how Ohio won a bid by Intel to build the world's largest chip factory Broadcom and TSMC are not working together, and all of the talks so far are preliminary and largely informal, the Journal added. Intel's interim executive ...
One solution being discussed is for Broadcom and TSMC to split Intel, with one part of the company focusing on design and another on production. Intel’s manufacturing division already has a degree of autonomy and reports its finances separately.
Credit: Intel Corporation Last week, we reported of a Wall Street Journal post claiming that TSMC was in talks to take control of Intel's fabs in some kind of joint venture. Now it's being reported that is not the case,
Intel stock fell Wednesday, ending a massive upswing that saw the stock notch its biggest five-day gain in its history as a publicly traded company.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results