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Dan Gallagher
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Feb. 18, 2025 12:28 pm ET
Broadcom CEO Hock Tan has often described the company’s M&A strategy as a hunt for product franchises where Broadcom can take the lead in a particular market category. Photo: /Bloomberg News
Broadcom AVGO -1.35%decrease; red down pointing triangle knows how to buy chip companies. Buying Intel INTC -2.57%decrease; red down pointing triangle would show just how far that superpower reaches.
Broadcom, the newest member of the $1 trillion club is apparently kicking the tires of the once-mighty chip titan now valued at about a 10th of that amount. The Wall Street Journal reported over the weekend that Broadcom is “closely examining” Intel’s product business with an eye toward possibly making a bid. Such a move would rest on Broadcom’s ability to find a partner willing to take over Intel’s manufacturing arm, which is burning cash and lost more than $13 billion last year.
- Heard on the Street
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Broadcom’s Deal Magic Would Get Its Biggest Test With Intel
Tech firm is strongest candidate to take over Intel’s product business, but any deal rests on the fabs
ByDan Gallagher
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Feb. 18, 2025 12:28 pm ET
Broadcom AVGO -1.35%decrease; red down pointing triangle knows how to buy chip companies. Buying Intel INTC -2.57%decrease; red down pointing triangle would show just how far that superpower reaches.
Broadcom, the newest member of the $1 trillion club is apparently kicking the tires of the once-mighty chip titan now valued at about a 10th of that amount. The Wall Street Journal reported over the weekend that Broadcom is “closely examining” Intel’s product business with an eye toward possibly making a bid. Such a move would rest on Broadcom’s ability to find a partner willing to take over Intel’s manufacturing arm, which is burning cash and lost more than $13 billion last year.
