welcome
Yahoo Finance

Yahoo Finance

Business

Business & Economics

Intel stock rises on report of Broadcom, TSMC exploring deals that would split up chipmaker

Yahoo Finance
Summary
Nutrition label

88% Informative

Intel stock jumped as much as 5% premarket Tuesday following a report that its rivals Broadcom and TSMC are exploring potential deals with the chipmaker that would split it into two .

The Wall Street Journal reported late Saturday that Broadcom is considering making a bid for Intel ’s product business.

The companies have not submitted deals to Intel , and the talks are preliminary and informal, The Journal wrote.

Small business owner?

Otherweb launches Autoblogger—a revolutionary way to bring more leads to any small business, using the power of AI.