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Intel shares jump as contours of possible breakup take shape

Intel's stock rose sharply by 13% due to reports of potential acquisitions from competitors Broadcom and Taiwan Semiconductor Manufacturing Company for parts of its business.
Taiwan Semiconductor Manufacturing Company could acquire Intel's manufacturing business as suggested by the Trump administration and Howard Lutnick.
Broadcom has expressed interest in Intel’s chip design and manufacturing units.
Despite challenges, Intel anticipates reporting break-even profit for the first quarter of 2025 after declining revenue in previous periods.
Intel was awarded a $7.86 billion grant to build semiconductors in the U.S. By then-President Joe Biden’s administration.

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Die Presse

Is Intel about to be smashed?

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

3 days ago·Vienna, Austria

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Frankfurter Allgemeine

Stock exchanges speculate about Intel takeover

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.

3 days ago·Frankfurt, Germany

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thedailyupside.com

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…

4 days ago

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The Oregonian

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.

4 days ago·Portland, United States

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Fast Company

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…

4 days ago

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