Article 6VCSV Broadcom, TSMC weigh possible Intel deals that would split storied chip maker

Broadcom, TSMC weigh possible Intel deals that would split storied chip maker

by
Thom Holwerda
from OSnews on (#6VCSV)

Broadcom has been closely examining Intel's chip-design and marketing business, according to people familiar with the matter. It has informally discussed with its advisers making a bid but would likely only do so if it finds a partner for Intel's manufacturing business, the people said.

Nothing has been submitted to Intel, the people cautioned, and Broadcom could decide not to seek a deal.

Separately, TSMC has studied controlling some or all of Intel's chip plants, potentially as part of an investor consortium or other structure, according to people familiar with the discussions.

Asa Fitch, Lauren Thomas, and Yang Jie at The WSJ

The vultures continue to circle, but considering Intel isn't actually dead yet, it does all feel a little bit premature. The company needs time to right the ship, but with its current non-technical, finance-oriented leadership it might already be too late for such time to be given to the company. For all we know, they're already working on a big payday through divestment or wholesale selling of the company, and they're just waiting on the right offer.

I don't think it's a good idea to let Intel be stripped for parts and looted by the ultra-wealthy, but with the United States hurdling towards a massive constitutional crisis and experiencing utter destruction of government institutions, I don't think anyone's left to stop it or think things through properly.

External Content
Source RSS or Atom Feed
Feed Location http://www.osnews.com/files/recent.xml
Feed Title OSnews
Feed Link https://www.osnews.com/
Reply 0 comments