Rumors swirl about a possible takeover of Intel. Nothing has been colored, but Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) are both in the early stages of suggesting potential offers, according to the Wall Street Journal. Broadcom could potentially seek an appointment for Intel’s chip design assets, while TSMC looks at its production features.
Intel Interim Executive President allegedly met with buyers, government
Broadcom and TSMC do not officially work together, and any plans that the company has for agreements with Intel is in preliminary stages, the Wall Street Journal said. However, Intel’s temporary director Frank Yeary has allegedly met with potential buyers and Trump administration officials.
In particular, TSMC’s commitment would have to take into account Intel’s US national security relationship. Intel was the largest recipient of the US Chips Act of 2022, which gave up to $ 7.9 billion in grants to US-based factory projects. Receiving this money makes Intel subject to regulations that say the company must own a majority share of its factories if sold or tightened out.
Yeary is reportedly focused on getting the maximum value for shareholders.
The two companies could potentially buy and split Intel; In this case, a department could focus on manufacture and one on design. Intel’s factories are already working something independently; Since 2022, they have taken orders from external customers and inside the house with equal priority. Intel reports finance from the manufacturing department separately and is prepared to assign a manufacturing company its own board of directors, the Wall Street Journal said.
Intel’s Board of Directors has been searching for a new CEO since Pete Gelsinger stepped down from this role in December 2024.
See: Arm can switch from only License Design to having brand name chips made of TSMC.
Intel’s financial achievement did not delight the board of directors in the last few years
Gelsinger left Intel without implementing his turnaround plan, which board directors did not benefit the company.
Intel was previously a huge in the CPU industry, but AI boom and a lack of strategization in a way that benefits from the current trends has led it to fight. Intel is unusual among its rivals, as it has not only focused on neither the manufacture nor the design of chips; As such, it has seen its chip-making efforts that are darkened by TSMC.
Intel also had some matches of quality in 2024. Three years ago, Intel’s value was twice what it was in September 2024, the Wall Street Journal reported.
It fell from first to second place on Gartner’s list of top global semiconductor suppliers at revenue growth. However, as is stated in the locations, Intel is still a big player. Microsoft chose Intel chips for its current gene-surface-laptop 7 and Surface Pro 11.