Intel Could Be Split In Two As Broadcom And TSMC Explore Deals, Trump White House Resists Foreign Ownership: Report – Broadcom (NASDAQ:AVGO), Intel (NASDAQ:INTC)

Intel Could Be Split In Two As Broadcom And TSMC Explore Deals, Trump White House Resists Foreign Ownership: Report – Broadcom (NASDAQ:AVGO), Intel (NASDAQ:INTC)

Broadcom Inc. AVGO and Taiwan Semiconductor Manufacturing Co. TSM are reportedly considering deals that could lead to the breakup of Intel Corp. INTC.

What Happened: ​​Broadcom has been analyzing a potential bid for Intel’s chip design and marketing business, reported the Wall Street Journal, citing people familiar with the matter.

However, it seeks a partner to take over the company’s manufacturing unit before formally making a move. 

Meanwhile, TSMC has studied acquiring…

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https://www.benzinga.com/markets/25/02/43761300/intel-could-be-split-in-two-as-broadcom-and-tsmc-explore-deals-trump-white-house-resists-foreign-ownership-report