Reported 2 days ago
Intel's stock dropped 6% after a period of significant gains, fueled by speculation about possible transactions involving TSMC and Broadcom. Analysts raised doubts regarding the feasibility of these deals, noting differences in manufacturing processes and potential regulatory hurdles. Despite earlier optimism following a report about TSMC's interest in Intel's factories, concerns about the implications of such a breakup and Intel's current strategic direction have led to a cautious outlook on these potential partnerships.
Source: YAHOO