Intel shares jump as contours of possible breakup take shape

Intel's stock shot up after rumors about a split have become known. Broadcom and TSMC are expected to deliver their bids soon.

Takeover speculations drive the course of Intel's share. Broadcom is on a shopping tour and wants to offer the manufacturer Nvidia Paroli, which is now worth ten times as much as the former market leader.

Intel Shares Pop on News that Iconic Chipmaker Could Be Split Up

Breaking up is hard to do, if you’re Neal Sedaka. If you’re a company that dominated the high-end microprocessor business for nearly four decades, a breakup may be hard to swallow even if it’s the right thing to do.  Shares in the embattled chipmaker Intel soared 16% on Tuesday, after reports that US rival Broadcom and Taiwanese rival Taiwan Semiconductor Manufacturing Company (TSMC) are weighing bids that would split up the iconic firm. Intel-l…

Intel shares jump as contours of possible breakup take shape

The chipmaker appears to be lining up partners to split its design business from its factories. It will have a big impact in Oregon.

INTC stock price: Intel jumps over 10% after report that Broadcom, TSMC bids could split the struggling chipmaker

Shares of Intel Corporation (NASDAQ:INTC) surged over 10% on Tuesday on the news that rivals Broadcom and Taiwan Semiconductor Manufacturing Co. (TSMC) are in talks to divide the ailing American chipmaker’s business into two parts, according to the Wall Street Journal. Fast Company reached out to Intel for comment but a spokesperson didn’t immediately return our request. Once the largest semiconductor company in the world, Intel is now strugglin…

Intel shares pop 13% on report Broadcom and Taiwan Semi could break up company

Intel shares rallied 13% on Tuesday on a report that deals from Broadcom and Taiwan Semiconductor Manufacturing could break up the company.