Intel Shares Are Surging Today: What’s Going On? – Intel (NASDAQ:INTC)

Intel Corporation INTC shares are trading higher Tuesday after reports emerged that Broadcom Inc. AVGO and Taiwan Semiconductor Manufacturing Co. TSM are considering acquiring portions of the company.

What To Know: The Wall Street Journal reported that Broadcom is exploring a bid for Intel’s chip design and marketing operations, while TSMC is looking into acquiring some or all of Intel’s manufacturing facilities through an investor consortium or another arrangement.

Intel stock has…