Intel pops 16% for best day since March 2020 on potential breakup
Intel shares rallied 16.1% on Tuesday following a Wall Street Journal report that both Broadcom and Taiwan Semiconductor Manufacturing are potentially weighing bids that could result in splitting the embattled chipmaker.The stock closed at $27.39 and notched its best day since March 2020.The Wall Street Journal reported that Broadcom may consider a play for the company's chip design and marketing segment, citing people familiar with the matter, while TSMC is interested in a stake or complete con...
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