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American Focus > Blog > Economy > Intel Stock Jumps Following Fresh Reports of Possible Broadcom, TSMC Deals
Economy

Intel Stock Jumps Following Fresh Reports of Possible Broadcom, TSMC Deals

Last updated: February 18, 2025 4:14 pm
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Intel Stock Jumps Following Fresh Reports of Possible Broadcom, TSMC Deals
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Intel shares experienced a boost on Tuesday morning following recent reports that competitors Broadcom and TSMC are contemplating bids for the renowned chipmaker. Broadcom’s proposed bid is said to be focused on acquiring Intel’s chip design services, while TSMC is considering a deal for the company’s manufacturing facilities. This news comes after a period of speculation and uncertainty surrounding Intel, as its shares struggled throughout 2024 due to challenges with its turnaround strategy.

According to sources familiar with the matter cited by the Wall Street Journal, Broadcom and TSMC are both in the preliminary stages of exploring potential bids that could potentially lead to the breakup of Intel. Broadcom is reportedly interested in acquiring Intel’s chip design business, while TSMC is eyeing a deal for the manufacturing side of the company. However, it’s worth noting that refitting Intel’s factories to align with TSMC’s manufacturing processes could prove to be intricate and costly.

While these reports are yet to be confirmed, they have managed to generate some optimism among investors amidst a challenging year for Intel. The company’s shares plummeted by around 60% in 2024, culminating in the departure of CEO Pat Gelsinger following a lackluster turnaround effort. Speculation regarding potential acquisition bids from rivals further added to the uncertainty surrounding Intel’s future.

Despite some fluctuations in Intel’s stock performance, shares surged last week before experiencing a slight decline on Friday. As the markets were closed on Monday for the President’s Day holiday, Intel’s shares were up by more than 5% in premarket trading on Tuesday. This positive momentum marks a notable shift for the chipmaker, which had seen its shares decline by approximately 46% over the past year. In comparison, Broadcom shares remained relatively stable, while TSMC’s U.S.-listed shares saw a modest increase of less than 1% on Tuesday.

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In conclusion, the renewed interest from Broadcom and TSMC in potentially acquiring parts of Intel has sparked a sense of optimism among investors. As the discussions progress and more details emerge, it will be interesting to see how these developments shape the future of Intel and the broader semiconductor industry.

This rewritten content seamlessly integrates key points from the original article while providing a fresh perspective on the potential acquisition talks surrounding Intel.

TAGGED:BroadcomDealsFreshIntelJumpsReportsStockTSMC
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