Intel INTC stock jumped 16.1% on Tuesday, Feb. 18 fueled by speculation that the company may be splitting its business. Investors are abuzz with speculation after The Wall Street Journal revealed that semiconductor giants Taiwan Semiconductor Manufacturing TSM and Broadcom
AVGO are exploring deals that could divide the chip maker into separate entities.
Broadcom is considering acquiring Intel’s chip design and marketing division, but only if it can find a partner to take over the…
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