Intel's Break Up in the Offing?

Chip rivals Taiwan Semiconductor (TSM) and Broadcom (AVGO) are each eying deals with Intel that could break up the company, the WSJ reported over the weekend.

https://www.morningstar.com/news/marketwatch/20250117298/intels-stock-is-rising-on-takeover-hopes-but-does-any-buyer-really-make-sense

Intel’s stock is rising on takeover hopes. But does any buyer really make sense?

Sense, semse. Investment banks get paid to make deals; not that they make sense.
Sheesh!

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Anyone consider all this chatter is nothing but a pump and dump scheme?

Steve

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This strategy is as old as Robber Barons and manipulation of railroad stocks.