Intel’s logo can be seen during Computex 2024 in Taipei, Taiwan on June 4, 2024.
i-hwa cheng | AFP | Getty Images
Intel’s Competitors Taiwan Semiconductor Manufacturing Company and Broadcom Each can reach potential deals that will split American Crush Idols into two, Wall Street Journal reported On Saturday, people familiar with the matter were cited.
Broadcom has been lying through Intel’s chip design and marketing business, the journal reports, adding that the company has discussed potential bids with consultants, but it is only possible to continue if it finds a partner for Intel’s manufacturing business. .
The world’s largest contract manufacturer TSMC has separately studied controlling some or all or all of Intel’s chip factories, which could be part of an investor consortium or other structure, the report said.
The journal added that Broadcom and TSMC have not worked together and that so far all negotiations have been preliminary and largely informal.
Intel’s interim executive chairman Frank Yeary has been in talks with possible suitors and Trump administration officials who fear the fate of a company seen as national security crucial, the report said.
The report added that Yeary has been telling people close to him that he is most focused on maximizing the value of Intel shareholders.
Intel, Broadcom, TSMC and the White House did not immediately respond to Reuters’ request for comment.
A White House official told Reuters on Friday Donald Trump’s Bloomberg reported that TSMC is considering controlling Intel’s factories at Trump’s request, so the government may not support foreign-owned Intel’s U.S. chip factories.
White House officials said the Trump administration supports foreign companies’ investment and construction in the United States, but is “unlikely” to support a foreign company that runs Intel factories.
Bloomberg reported that Trump’s team raised the idea of ​​a deal between the two companies at a recent meeting with TSMC officials, and they accepted the words of a person familiar with the matter.
Intel is one of the biggest beneficiaries of the United States, heading to the onshore key chip manufacturing industry led by former President Joe Biden’s administration.
In November, the U.S. Department of Commerce said it was finally providing Intel with $7.86 billion in government subsidies.
The company is one of the few chip manufacturers that design and manufacture semiconductors.
TSMC’s market valuation is about eight times that of Intel. Taiwanese company customers include AI chip leaders Nvidia and AMDThis is Intel’s fierce competitor in the PC and server markets.
Last year, former Intel CEO Pat Gelsinger was ousted last year, setting high expectations for Intel’s manufacturing industry and AI capabilities for major customers, but fell into deficiencies, leading to chips The manufacturer loses or cancels the contract.
Last year, Intel’s stock lost about 60% of its value as the company tightened cash flows for capital-intensive bidding for tanker manufacturing (a strategy advocated by Gelsinger) and ultimately caused it to cut about 15% of its labor force.
