Intel’s rivals Taiwan Semiconductor Manufacturing Co and Broadcom are every eyeing potential offers that will break the US chipmaking icon in two, the Wall Avenue Journal reported on Saturday, citing folks aware of the matter.
Broadcom has been carefully analyzing Intel’s chip design and advertising and marketing enterprise, the Journal reported, including that the corporate had mentioned a possible bid with its advisers however would probably solely proceed if it discovered a accomplice for Intel’s manufacturing enterprise.
TSMC, the world’s largest contract chipmaker, has individually studied controlling some or all of Intel’s chip vegetation, doubtlessly as a part of an investor consortium or different construction, the report mentioned.
Broadcom and TSMC will not be working collectively, and all the talks to date are preliminary and largely casual, the Journal added.
Intel’s interim govt chairman, Frank Yeary, has been main the discussions with doable suitors and Trump administration officers, who’re involved in regards to the destiny of an organization seen as important to nationwide safety, the report mentioned.
Yeary has been telling people near him that he’s most targeted on maximizing worth for Intel shareholders, the report added.
Intel, Broadcom, TSMC and the White Home didn’t instantly reply to Reuters’ requests for remark.
A White Home official informed Reuters on Friday that President Donald Trump’s administration may not help Intel’s US chip factories being operated by a international entity after Bloomberg reported that TSMC was contemplating taking a controlling stake in Intel’s factories at Trump’s request.
The White Home official mentioned the Trump administration supported international firms investing and constructing within the US however was “unlikely” to help a international agency working Intel’s factories.
Bloomberg reported that Trump’s workforce raised the concept of a deal between the 2 companies in current conferences with officers from TSMC who had been receptive, citing an individual aware of the matter.
Intel was among the many largest beneficiaries of the US push to onshore important chip manufacturing led by former President Joe Biden’s administration.
The US Commerce Division mentioned in November it was finalising a $7.86 billion (roughly Rs. 68,248 crore) authorities subsidy for Intel.
The corporate is one of some chipmakers that design and manufacture semiconductors.
TSMC boasts a market valuation about eight instances bigger than that of Intel. The Taiwanese firm’s clients embrace AI chip chief Nvidia and AMD, which is Intel’s fierce rival in PC and server markets.
Former Intel CEO Pat Gelsinger, who was ousted final 12 months, set sky-high expectations for Intel’s manufacturing and AI capabilities amongst main purchasers however fell brief, resulting in the chipmaker dropping or canceling contracts, Reuters reported beforehand.
Intel’s shares misplaced about 60 % of their worth final 12 months as its capital-intensive bid to bolster manufacturing – a method championed by Gelsinger – strained the corporate’s money movement and finally led to it reducing about 15 % of its workforce.
© Thomson Reuters 2025
(This story has not been edited by NDTV employees and is auto-generated from a syndicated feed.)
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