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syed putra

syed putra

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Broadcom's CEO plays down an Intel bid: 'No hostile offers'​

Hasan Chowdhury
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Broadcom CEO Hock Tan

Ying Tang/NurPhoto via Getty Images
  • Broadcom's CEO says he's too busy riding the AI wave to consider a takeover of rival Intel.
  • In an interview with the Financial Times, Hock Tan said he had no interest in "hostile takeovers."
  • Broadcom has soared to a $1 trillion market capitalization for the first time thanks to the AI boom.
The chief executive of $1 trillion AI chip giant Broadcom has dismissed the prospect of a takeover bid for struggling rival Intel.
 
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