Intel’s breakup rumours drive stock surge amid interest from Broadcom, TSMC

Over the past week, reports have surfaced suggesting potential interest from industry heavyweights. The Wall Street Journal claims Broadcom is eyeing Intel’s chip design and marketing business, while Bloomberg reports that TSMC has held discussions about acquiring its US-based factories.

In response, Intel’s stock jumped to $26.13 — a level it hasn’t reached since mid-November 2024 and only the second time it has climbed above $26 since last summer when the company’s financial…