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

Intel (INTC) stock was rising sharply on Tuesday morning as investors weighed the benefits of reported plans that could see rivals acquire parts of its business.

One plan could see Taiwan Semiconductor Manufacturing Company, which is already responsible for about 90% of the world’s advanced semiconductors, acquire Intel’s manufacturing business, The New York Times reported. It could also take a majority stake in the business…