financetom
Business
financetom
/
Business
/
Update: Market Chatter: Taiwan Semiconductor Manufacturing, Broadcom Eye Separate Parts of Intel
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Market Chatter: Taiwan Semiconductor Manufacturing, Broadcom Eye Separate Parts of Intel
Feb 18, 2025 3:51 AM

06:27 AM EST, 02/18/2025 (MT Newswires) -- (Updates with response from Taiwan Semiconductor Manufacturing ( TSM ) in the fifth paragraph.)

Taiwan Semiconductor Manufacturing ( TSM ) and Broadcom ( AVGO ) are considering pitching deals to acquire separate pieces of Intel ( INTC ) , The Wall Street Journal reported late Friday, citing people familiar with the matter.

Broadcom ( AVGO ) is interested in Intel's ( INTC ) chip-design and marketing business, while Taiwan Semiconductor is eyeing Intel's ( INTC ) chip manufacturing plants, the report said.

The two companies are not collaborating and no formal proposals have yet been submitted to Intel ( INTC ), the report said.

Taiwan Semiconductor's possible acquisition of Intel ( INTC ) factories would entail US government regulatory approvals. The administration of President Donald Trump has indicated it would be reluctant to allow foreign ownership of Intel ( INTC ) plants, the report said.

Taiwan Semiconductor declined to comment. Intel ( INTC ) and Broadcom ( AVGO ) did not immediately reply to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ravelin Properties REIT's Syndicate of Secured Lenders Assigns Credit Agreement to G2S2 Capital
Ravelin Properties REIT's Syndicate of Secured Lenders Assigns Credit Agreement to G2S2 Capital
Mar 31, 2025
07:51 AM EDT, 03/31/2025 (MT Newswires) -- Ravelin Properties REIT (RPR-UN.TO), previously Slate Office REIT (SOT-UN.TO), over the weekend said that the secured lenders party to its second amended and restated credit agreement dated Nov. 14, 2023, have completed a sale and assignment of all indebtedness and obligations under the syndicated credit agreement to G2S2 Capital, in the amount of...
Market Chatter: Waterous Energy Banks Nearly US$1 Billion to Aggregate Small Canadian Oil Producers
Market Chatter: Waterous Energy Banks Nearly US$1 Billion to Aggregate Small Canadian Oil Producers
Mar 31, 2025
07:48 AM EDT, 03/31/2025 (MT Newswires) -- Waterous Energy Fund has raised nearly US$1 billion to invest in Canada's oil-and-gas sector, as the private-equity firm plans to repeat with another producer a consolidation strategy it followed with Strathcona Resources ( STHRF ) in its previous fund, The Wall Street Journal reported Monday. The WSJ said the Calgary, Alberta-based firm has...
IDEAYA's Eye Cancer Therapy Receives Breakthrough Therapy Designation From FDA
IDEAYA's Eye Cancer Therapy Receives Breakthrough Therapy Designation From FDA
Mar 31, 2025
07:51 AM EDT, 03/31/2025 (MT Newswires) -- IDEAYA Biosciences ( IDYA ) said Monday the US Food and Drug Administration granted breakthrough therapy designation to its experimental neoadjuvant treatment, darovarsetib, to treat adult patients with primary uveal melanoma. The company said the decision was supported by interim data from an ongoing phase 2 trial, which showed 82% ocular tumor shrinkage...
WELL Health to Buy Majority Stake in HEALWELL AI Concurrent With Orion Health Closing
WELL Health to Buy Majority Stake in HEALWELL AI Concurrent With Orion Health Closing
Mar 31, 2025
07:54 AM EDT, 03/31/2025 (MT Newswires) -- WELL Health Technologies ( WHTCF ) on Monday said it will exercise its call option and acquire a majority stake in Healwell AI (AIDX.TO) concurrent with the closing of Healwell's proposed acquisition of New Zealand-based Orion Health Holdings on April 1. Following the exercise of the call right, WELL expects to have a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved