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As Wall Street continues to speculate about a potential split of chip giant Intel Corp., Piper Sandler believes that a Broadcom Inc. acquisition of the company’s core x86 business “would be extremely lucrative.
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Buying Intel would show just how far that superpower reaches. Broadcom, the newest member of the $1 trillion club is apparently kicking the tires of the once-mighty chip titan now valued at about a 10th of that amount.
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Broadcom has been closely examining Intel’s chip design and marketing business, while TSMC has studied controlling some or all of Intel’s chip plants, possibly as part of an investor
People are impatient for Intel to get fixed, and have been for many years. Weird deal after weird deal keeps coming out of the rumor mill, and now we have
Broadcom has interest in Intel’s chip-design business, while TSMC is looking at the company’s factories.
Shares of Intel jumped on Tuesday morning, the first day of trading since new reports emerged over the weekend that the chipmaker is the center of acquisition talks once again.