Intel stock posts biggest five-day gain in history amid report of potential breakup
Intel (:Invade) The shares jumped 16% on Tuesday, after the report that its competitors’ width (Avona) and TSMC (Vesity) studies potential deals with Chipmaker, which would be divided into two.
Wall Street Journal reported the weekend that Broadband BootyAvonaIn the case of Thinking of Intel’s Product Business Applicationwhich forms semiconductors for computers and servers. The magazine, which quoted the people familiar with the question, said that TSMC looks at some or all Intel factories, as part of the investor consortium. Companies have not made transactions to Intel, and negotiations are preliminary and informal, the magazine wrote.
Broadcom’s shares have fallen by about 2% on Tuesday, while the US TSMC shares are below 1%.
16% of Intel on Tuesday was the only only one in 2020.
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Intel’s shares have been on tears over the past week. Stock Since 2000, he has mentioned his largest weekly profit Last Friday, as the United States has announced the support of local chain and reports that the US government is allegedly negotiated with TSMC to support Intel turning efforts.
Intel businesses mainly make chips (Intel’s products) (Intel’s products), but opened an foundry, otherwise it began to take external customers, and then the general director of that time Pet Gelsinger. Gelsinger had pushed to launch an foundry business competitive Taiwan TSMC, the division of “Intell” fighting, which was injured in mid-2010.
Is Turning effort has not been successful To date, considering that Intel’s production business is fighting to take over and continuing cash to foreign customers. Intel’s earnings disappointed investors across 2024, and the shares fell about 60% last year. Gelsinger was expelled with Intel board in December. The company has become the target of acquisition, and the broadcasting and TSMC interest follows reports Possibly assumes the QUALCOMM BootyQcom), Arm BootyArm), and Apollo Last year.
Wall Street analysts preferred Intel by dividing his business in two. On Monday, Raymond James Analyst, Srini Pajuri wrote.
Staff The announced plans to establish an independent subsidiary for its foundry business last yeardividing its finances and actions from dividing its products. Analysts watched that step because the company that smoothed the way to split.