Intel shares rose 16% amid rumors of a company split

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Intel shares rose 16% amid rumors of a company split
February 19th. /MEDIA TALK/. The value of the company's securities reached $27.39 per share, which was the largest one-day increase since March 2020.

According to Bloomberg, Taiwanese technology company TSMC discussed operating Intel plants and acquiring a stake in the joint venture. The Wall Street Journal added that Broadcom was in talks to buy Intel's chip design business. Silver Lake is also considering the acquisition of Altera's division.

Intel, which is losing ground in the market, previously announced a possible separation of production and product divisions. However, deals with TSMC and Broadcom are in the early stages, and, according to Bloomberg, the US administration is unlikely to support the transfer of control over the plants to a foreign company.


Photo: ru.freepik.com

Earlier, we wrote that on February 13, 2025, Japanese auto giants Honda Motor and Nissan Motor officially announced the termination of merger negotiations.
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