Broadcom (AVGO) has been approached by TSMC (TSM) about a potential partnership to operate Intel’s (INTC) foundry division. While the deal is ...
Broadcom shares rallied after the company posted strong first-quarter earnings and guidance and signaled ongoing AI demand.
Here’s why it makes sense. One of the most compelling reasons for Broadcom to consider acquiring Intel’s design team is the financial upside. Intel’s x86 business generated around $49 ...