Intel Stock Eyes Best Day Since 2022 on Acquisition Rumors

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. According to the Wall Street Journal, Broadcom Inc (NASDAQ:AVGO) and Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) are both exploring bids that could potentially lead to a breakup of Intel.Broadcom is reportedly eyeing Intel’s chip design unit, while TSM is considering acquiring its manufacturing operations. However, restruct ...