Broadcom is eyeing Intel’s chip-design business, and TSMC is considering a stake in its factories|Isriya Paireepairit|CC BY-NC 2.0
Intel, once a powerhouse in chipmaking, may see its businesses broken up as rivals Broadcom and Taiwan Semiconductor Manufacturing Co. (TSMC) explore deals, reports the Wall Street Journal.
Broadcom is eyeing Intel’s chip-design business and TSMC is considering a stake in its factories. However, any factory deal would need the Trump administration’s approval.
The US government is closely watching while talks are reportedly in preliminary stages. Intel is a key player in domestic semiconductor production, and Trump administration officials have voiced concerns about foreign control of its factories.
The past Biden administration granted Intel up to $7.9 billion under the Chips Act.
Intel’s troubles began when it fell behind TSMC in advanced AI chipmaking, losing its dominance in central processors for PCs and data centers.
It failed to turn around under CEO Pat Gelsinger, who was ousted in December. The company’s board is searching for a new CEO.
Intel reported a net loss of $16.6 billion last November, and its shares lost 60% in value in 2024.