Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) are reportedly considering potential deals to take over parts of Intel, as revealed in a report by The Wall Street Journal.

Broadcom is said to be looking into acquiring Intel’s chip design and marketing business. However, the company would seek a partner to manage Intel’s manufacturing operations.

On the other hand, TSMC is reportedly interested in controlling some or all of Intel’s chip plants. This move might be done through an investor consortium.

According to the report, discussions between the companies are still in the early stages, and no formal proposals have been submitted to Intel.

TSMC’s interest in this deal is believed to have been encouraged by the administration of President Donald Trump. However, a White House official has stated that the U.S. government is unlikely to support a deal that would place control of Intel’s manufacturing facilities in the hands of a foreign company.

Intel, which has been facing ongoing struggles in its business, seems to have become a target for acquisition by its chip-making rivals.

In September, The Wall Street Journal reported that Qualcomm had approached Intel with a potential acquisition offer.

As Intel continues to face challenges in the market, industry observers are watching closely to see how these potential deals could reshape the company’s future. The involvement of Broadcom and TSMC, two major players in the chip-making industry, could signal a new phase for Intel’s operations and business strategy.

SOURCE: TECHCRUNCH | PHOTO: ASIA NIKKEI

This article was created with AI assistance.