News Summary

Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) are reportedly exploring deals to acquire parts of Intel, potentially leading to the division of the storied chipmaker. Broadcom is interested in Intel’s chip design and marketing business, while TSMC is considering taking control of some or all of Intel’s chip plants. These discussions are still in preliminary stages and have not been formally proposed to Intel. The exploration of these deals comes amidst Intel’s struggling business, making it an attractive target for its chip-making rivals.