Broadcom has no intention of buying Intel
See Full Size
In an interview with the Financial Times, Hock Tan said: “Broadcom was not asked to take over Intel. I will only make a deal if it is feasible. Feasibility means someone comes to me and asks. “I’ve learned one thing since Qualcomm: I don’t enter into such offers.” he said.
In 2018, Broadcom’s $142 billion attempt to acquire rival chipmaker Qualcomm through a hostile takeover was halted by then-President Donald Trump, in a rare and unusual move.
Broadcom is focused on developing dedicated data center processors specifically for artificial intelligence. The company offers customized solutions to technology giants such as Google, Meta, ByteDance and Apple. In contrast, although Intel has a strong presence in PC and server processors, it is struggling to catch up with rivals such as TSMC and AMD in terms of production processes and product competition.
There are better opportunities
By acquiring Intel, Broadcom could gain a foothold in the PC market and expand in server processors. But Intel’s declining appeal doesn’t align with Broadcom’s current priorities. The company acquired VMware for 61 billion dollars in 2022 and continues to manage this major integration process. At the same time, it is expanding its business to respond to growing demand for artificial intelligence projects.
Hock Tan in Silicon Valley artificial intelligence infrastructure projects He states that there is a huge investment frenzy for the Most companies, like tech giants and Elon Musk’s xAI initiative, have massive data centers busy building. Tan said this trend is for Broadcom. offers great opportunities says. So Intel isn’t one of the most attractive moves right now, at least for Broadcom.
This news our mobile application Download using
You can read it whenever you want (even offline):
