InvestorNewsBreaks – Broadcom Inc. (NASDAQ: AVGO) Reportedly Considering Acquisition of Intel (NASDAQ: INTC) Assets
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…