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

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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.