Intel Stock Jumps Following Fresh Reports of Possible Broadcom, TSMC Deals | Global News Avenue

Intel shares (INTC) On Tuesday morning, jumped from the first day of trading A new report appears On the weekend, chipmakers once again became the center of acquisition talks.

Chip designer Broadcom (avgo) and Taiwan Semiconductor Manufacturing Company (TSM) is the world’s largest chip manufacturer, everyone is in an early stage, that is, considering the bids that can be seen in the US chip manufacturers being broken down, Wall Street Journal The weekend reported that people familiar with the matter.

Broadcom is considering bidding for Intel’s chip design business, while TSMC is focusing on manufacturing deals, although anonymous sources tell Intel’s factories to make chips in the way of TSMC is complex and expensive. Magazine.

Investopedia The report has not been confirmed yet. Intel, Broadcom and TSMC did not immediately respond to requests for comment.

Reports of possible deals with competitors are one of several things to propose Intel stock in A Tough stocks in 2024 Reduced by about 60%. The end of the year The departure of CEO Pat Gelsinger Follow plain turnaround efforts and Report of Possible acquisition bids go through Competitors.

Intel shares surged last week Decline on Fridayand it seems that this shortened trading week will be started with a high profile in the market Closed on Monday Vacation in the United States.

The day has dropped about 46% of stock transactions over the past 12 months, with the chipmaker’s stock up more than 5% in pre-sales trading on Tuesday. Broadcom shares were barely changed, while TSMC-listed stocks rose less than 1% on Tuesday.