Intel rallies as TSMC, Broadcom deal chatter sidelines skeptics

Intel To Report Quarterly Earnings

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Intel (NASDAQ:INTC) stock jumped ~16% on Tuesday, marking its best intraday gain in nearly five years after The Wall Street Journal reported that Taiwan Semiconductor Manufacturing (NYSE:TSM) and Broadcom (NASDAQ:AVGO) are weighing deals to split the U.S. chipmaker.

While hopes

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