TSMC pitched Intel venture to Nvidia, AMD and Broadcom, sources say
STORY: Shares of Intel rose as much as 7% on Wednesday following a Reuters report that Taiwanese chipmaking giant TSMC has pitched several U.S. chip designers on taking stakes in a joint venture that would operate struggling Intel factories.
Broadcom stock surged after the company posted better-than-expected earnings. The strong results from the semiconductor maker ...
The Taiwanese chipmaker intends to run operations of Intel’s fab division but does not want to own more than 50% of it and is ...
Broadcom shares rose after the chip maker said quarterly revenue jumped. Artificial-intelligence revenue jumped 77% from a ...
The growth in AI is helping offset a cyclical slowdown in other areas of its business. Semiconductor revenue not associated ...
Uncertainty about the impact of new U.S. tariffs weighed on stocks, along with worries about tightening chip export curbs, ...
Broadcom's shares rose 6% on Friday as the semiconductor maker's strong revenue forecast helped restore some confidence in AI ...
The company’s recent focus on AI and custom silicon has positioned it as a key competitor in the burgeoning AI chip market. Broadcom’s custom AI chips, known as Application-Specific Integrated ...
Intel (INTC) just got a boost. Its stock is up over 7% in premarket trading, all thanks to a big move by TSM (TSMC). The ...
Broadcom not acquiring Intel’s chip design business, says CEO Hock Tan, with AI and VMware the focus, not Intel semiconductor buy.
Broadcom’s strong 1Q25 results position it for growth in AI. Read why AVGO stock offers a compelling entry point, with a ...
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