Intel stock surges 10% because TSMC and Broadcom both might buy a piece of it

Category: Business

Intel's stock rose sharply as plans emerged for potential acquisitions of its manufacturing business by TSMC, Broadcom, and Qualcomm. The Trump administration has been involved in discussions regarding these deals, which could reshape Intel's operations amid ongoing challenges in the semiconductor market.

Keywords: Intel, semiconductors, acquisition

Source: Quartz

Update At: 2/19/2025

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