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Earnings Week Ahead: BABA, XYZ, BIDU, WMT, RIVN and More
Did Taiwan Semiconductor and Broadcom "split" from Intel?
According to reports, Taiwan Semiconductor has been studying the control of some or all of Intel's chip factories, potentially as part of an investor consortium or other structure; Broadcom has been closely monitoring Intel's chip design and marketing business for a long time, and may propose an acquisition offer after finding a manufacturing business partner. Due to rumors of a potential acquisition by Intel, the company's stock price has surged 23% this week.
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