Reuters/Rick Wilking
- The Wall Street Journal reported Friday that Intel was mulling a bid for chip manufacturer Broadcom.
- Intel said it does not comment on “rumors and speculation,” but added that its focused on its recent acquisitions.
- Broadcom itself has a hostile takeover bid out for Qualcomm.
Intel responded to a report that it is considering a possible bid for Broadcom by saying that it is focused on integrating previous acquisitions.
The Wall Street Journal reported on Friday that Intel was considering such a bid as one of several options in response to Broadcom’s hostile bid for Qualcomm.See the rest of the story at Business Insider
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