Intel (INTC) Stock Trades Up, Here Is Why
Shares of computer processor maker Intel (NASDAQ:INTC) jumped 10.5% in the afternoon session after The Wall Street Journal reported that the company is in talks with Broadcom and TSMC to sell certain assets. Sources revealed Broadcom is interested in Intel's product business, while TSMC is more focused on snapping up and controlling some of its factories. Investors are betting on management to make a move to unlock value in some of its operating segments, given the significant investments that h