US -based chip giant Intel made a historical leap on the stock exchange after the news of the potential division of Wall Street Journal. On Tuesday, Intel shares were closed at an increase of 16.1 percent at $ 27.39. This indicates that the best daily performance has been experienced since March 2020.According to WSJ, Broadcom and TSMC are thinking about potential offers including the division of Intel. The report claimed that Broadcom targeted Intel’s chip design and marketing departments, while TSMC was interested in taking shares or completely controlling in Intel’s factories.
However, it is stated that official proposals have not yet been made and the negotiations were informal. Even these claims were enough to fly Intel’s shares. Since the beginning of the year, Intel shares have increased by 31 percent, while after the 60 percent decrease in 2024, it is seen that the recovery efforts continue.
A chip giant who has a hard time
Intel, one of the undisputed leaders of the semiconductor sector, has suffered a major depreciation in recent years. In the semiconductor sector, which was accelerated by the artificial intelligence revolution, the company has lost billions of dollars of market value.
Especially in 2024, Intel received great coups in August, lived one of the worst market days of the last 50 years and his shares have been low to the lowest level since 2013. In the same period, the company announced that it would dismiss 15 %of its employees due to the quarter results below expectations.
Following these developments, in September, the competitor chip manufacturer Qualcomm contacted the company on the possibility of purchasing Intel. However, the Board of Directors did not take a clear step in this regard. The bad course of the shares led to the dismissal of CEO Pat Gelsinger in December.
Last week, US Vice President JD Vance announced that it would attempt to protect artificial intelligence technologies and to attempt to attract more chip production to the US territory, which brought an increase of 6 percent to Intel shares. Vance underlined that the most advanced chips will be produced in the USA. Following this statement, Broadcom and TSMC’s interest in Intel came up more.
