Broadcom (NASDAQ: AVGO), is reportedly evaluating a potential acquisition of Intel Corp.’s (NASDAQ: INTC) chip-design division, as part of a broader restructuring effort within the semiconductor industry. According to reports, Taiwan Semiconductor Manufacturing Company (TSMC) is also considering acquiring Intel’s chip-manufacturing segment. The speculation has led to a historic five-day rally in Intel’s stock, which has surged 16.1%. Broadcom’s interest in Intel’s assets aligns with its strategy to expand its influence in semiconductor design and strengthen its position in high-performance computing and AI-driven technologies.
As of 7:44 AM EST on Feb. 19, 2025, Broadcom shares are trading at $1,186.72, reflecting a 2.3% increase from the previous close, while Intel stock has climbed to $27.39, up 16.1%.
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About Broadcom Inc.
Broadcom Inc. is a global technology leader that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. The company’s products serve critical markets, including data centers, networking, broadband, wireless, storage, and industrial applications. Broadcom’s innovative technologies enable seamless connectivity and data transmission in today’s increasingly digital world. Headquartered in San Jose, California, Broadcom is committed to driving innovation and delivering high-performance solutions that shape the future of technology.
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