News Score: Score the News, Sort the News, Rewrite the Headlines

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...

Read more at cnbc.com

© News Score  score the news, sort the news, rewrite the headlines