Semiconductor companies Broadcom and Taiwan Semiconductor Manufacturing Co (TSMC) are reportedly eyeing deals that would allow them to split rival chipmaker Intel. According to The Wall Street Journal, the two companies are not working together and are looking to acquire a chunk of Intel...
U.S. semiconductor manufacturer Intel Corp. saw its stock jump by more than 9% on Friday. The rally has been associated with recent rumors about a potential takeover.
Tech-based outlet SemiAccurate recently reported about an email in which an unnamed company expressed interest in acquiring Intel...
Struggling semiconductor manufacturer Intel announced on Monday that its CEO Pat Gelsinger is retiring with an immediate effect. The news was well-received among investors, sending Intel’s stock up by 3.5% in pre-market trading.
Gelsinger took over as Intel’s CEO in 2021. At the time, the...
The Dow Jones Industrial Average made a major shakeup this week that reflects the current state of the semiconductor industry. Artificial intelligence-driven chipmaker Nvidia is set to replace struggling semiconductor Intel on the index.
The switch will take place on November 8, with Dow Jones...
Intel Corp’s shares jumped more than 3% on Monday after multiple reports indicated that the semiconductor and PC components maker could be the subject of a $5 billion investment by asset management firm Apollo Global Management.
According to Bloomberg, Apollo approached Intel in recent days...
Semiconductor and software company Qualcomm is reportedly interested in buying the struggling chipmaker Intel.
According to a recent report by The Wall Street Journal, Qualcomm approached its rival in recent days with a takeover bid. It is still unclear whether Intel will consider the offer,...
