Intel Action (Intc) jumped 16% on Tuesday following a report according to which its rivals Broadcom (AVGO) and TSMC (TSM) explore potential agreements with the flea manufacturer who would divide him in half.
The Wall Street Journal reported on Saturday evening Broadcom (Avgo) plans to make an offer for Intel products activitieswhich designs semiconductors for computers and servers. The newspaper, which cited people familiar with the issue, said that TSMC had planned to control some or all Intel factories, potentially within the framework of an investor consortium. Companies have not submitted to Intel, and talks are preliminary and informal, wrote the newspaper.
Broadcom’s actions fell by almost 2% on Tuesday, while the TSMC actions listed in the United States fell less than 1%.
The gain of 16% of Intel Tuesday was its biggest leap in a day since March 2020. The sharp increase in Intel shares up 38.5% in the last five days, the greatest gain in ‘History of the company as a public society.
At the end: February 18 at 4:00 p.m.
Intruder Avo TSM
Intel Stock was in tears during last week. The title has won its biggest weekly gain since 2000 last Friday, the United States, the United States has reported support for the manufacture of domestic chips and reports has surfaced that the US government would have been in talks with TSMC for Support Intel recovery efforts.
Intel manufacturing activities mainly manufactures fleas for herself (Intel products activity) but opened a foundry – in other words, began to face external customers – in 2022 under the direction of Pat Gelsinger of the time. Gelsinger had pushed to launch a competitive foundry company with the TSMC of Taiwan in an attempt to restore the Intel difficulty in difficulty, which had suffered from setbacks since the mid -2010s.
The recovery effort has not succeeded to date, since Intel manufacturing activities have struggled to face external customers and continues to bleed money. Intel’s profits disappointed investors throughout 2024, and the action dropped by around 60% last year. Gelsinger was ousted by the Intel board of directors in December. The company has become an objective of acquisition, and the interest of Broadcom and TSMC follows the reports of Potential takeovers by Qualcomm (Qcom), Arm (Arm), and Apollo Last year.
Wall Street analysts have favored intel activities in two. Raymond James’ analyst Srini Pajjuri wrote in a note to investors on Monday: “In our opinion, the separation of the Intel product and the foundry is the key to unlocking the value.”
Intel announced last year to establish an independent subsidiary for his foundry companyseparating its finances and operations from its product division. Analysts considered the movement as the company opening the way to a potential split.
