Intel (INTC) jumped by 16 % on Tuesday after a report that its competitors (AVGO) and TSMC (TSM) explore potential deals with the chips maker that would divide them into two parts.
The Wall Street Journal reported late on Saturday Broadcom (AVGO) He is considering submitting an Intel productsIt designs semiconductors for computers and servers. The magazine, which cited the people familiar with the matter, said that TSMC had searched to control some or all Intel factories, and perhaps as part of the investor's concrete. The magazine wrote that companies did not provide deals to Intel, and the first and unofficial conversations.
Broadcom shares fell about 2 % on Tuesday, while the US -listed TSMC shares fell from less than 1 %.
Intel's profit was 16 % on Tuesday the largest jump for one day since March 2020. The boom is 38.5 % in the past five days, and it is the largest gain in the company's history as a public company.
Near: February 18 at 4:00:01 pm EST
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Intel stock was rupture last week. The stock has achieved the largest weekly gain since 2000 last Friday, as the United States indicated support for local chips and reports that have been the US government being talking with TSMC to support Intel efforts.
Intel manufacturing in the first place on the chips for itself (Intel products) but opened a mascu-and in other words, began facing external customers-2022 under the leadership of CEO PAT Gelsiner at the time. Gelsiner has prompted the launch of a competitive museum with TSMC from Taiwan in an attempt to correct the Intel Inemil Manufacturing Department, who has suffered from setbacks since mid -2010.
The shift voltage has not yet succeeded, given that the Intel manufacturing business has been struggled to confront external customers and continued to bleed money. Intel's profits loved investors during the year 2024, and the stock decreased about 60 % last year. Gilgringer was expelled by Intel in December. The company has become a goal of acquisition, and attention is followed by Broadcom and TSMC reports Possible acquisitions by Qualcomm (Qcom), arm (Arm), and Apollo last year.
Wall Street Antel's analysts preferred to divide her business into two parts. “In our opinion, the division of the Intel product and the sake is the key to opening the value,” wrote Raymond James Srini Pajjuri in an investor note on Monday.
Intel Its plans announced last year to establish an independent subsidiary of its causative businessSeparate her money and operations from her product department. Analysts looked at this step as the company paves the way for a possible division.