Srini Pajjuri, Raymond James senior semiconductor analyst, joins 'The Exchange' to discuss the idea of splitting up Intel.
Intel's stock (INTC) surged more than 11% on Tuesday following a Wall Street Journal report that Broadcom and Taiwan Semiconductor Manufacturing Co. (TSMC) are exploring potential bids that could lead to splitting up the embattled chipmaker.
Needham analyst Charles Shi reiterated Taiwan Semiconductor Manufacturing Co TSM with a Buy and a $225 price target.
Shares of Intel Corporation INTC are trading higher Tuesday. There is talk that both Broadcom AVGO and Taiwan Semiconductor Manufacturing Company TSM are considering deals that would lead them to buy parts of Intel.
Broadcom and Taiwan Semiconductor Manufacturing are potentially weighing independent deals that could split embattled chipmaker Intel, the Wall Street Journal reported. Intel has shed billions in market value as it fell behind on the artificial intelligence tailwinds that have swept up the broader semiconductor sector.
Shares of semiconductor giant Intel Corp (NASDAQ:INTC) stock are experiencing a significant surge following reports that the chipmaker is once again at the center of acquisition talks.
Intel's stock is up 18% since my January 8th tip and there's further upside. The US can't rely on adversaries for critical tech. The government encouraging chip onshoring with $30bn of incentives underlines the catalysts which are a boon for Intel. DeepSeek's 'distillation' of OpenAI's models underscores the need for onshore semiconductor production to protect tech and sovereignty.
This video covers Intel (INTC 9.24%), exploring its recent rise and the reported interest in its business from Taiwan Semiconductor Manufacturing, Broadcom, and Qualcomm. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Intel has been in an extended downtrend since late 2023. In that time, the price of Intel stock (NASDAQ: INTC) dropped from a peak of $50.25 in December of 2023 to $25.93 at press time on February 18, 2025.
Chipmaker stocks were on the move on Tuesday amid speculation about potential acquisition deals involving Intel Corp (NASDAQ:INTC, ETR:INL). Intel shares surged almost 10% after the Wall Street Journal reported that competitors Broadcom Inc (NASDAQ:AVGO, ETR:1YD) and Taiwan Semiconductor Manufacturing Co (ADR) (NYSE:TSM) (TSMC) are exploring potential bids for Intel which would split up the company.
Intel is rising but a potential split of the company's operations between Taiwan Semiconductor Manufacturing and Broadcom faces major hurdles.
James Cakmak, Partner and Portfolio Manager at Clockwise Capital, discusses Intel's challenges, noting that splitting the company up makes financial sense but it could be complicated.