Broadcom, Taiwan Semiconductor Manufacturing explore deals to split Intel

Intel’s rivals Broadcom and Taiwan Semiconductor Manufacturing Co are each eyeing potential deals that would break the US chipmaking icon in two, the Wall Street Journal reported on Saturday, citing people familiar with the matter.

Broadcom has been closely examining Intel’s chip design and marketing business, the Journal reported, adding that the company had discussed a potential bid with its advisers but would likely only proceed if it found a partner for Intel’s manufacturing business.