Intel shares powered higher in early Tuesday trading, extending their best weekly gain in four decades, following reports of a potential deal that could see Taiwan Semiconductor involved in the split of the biggest U.

Key Takeaways The S&P 500 gained 0.2% on Tuesday, Feb. 18, 2025, posting a record close to kick off an abbreviated trading week that will see the release of the Fed's latest meeting minutes.Intel stock surged following reports that industry peers TSMC and Broadcom are evaluating separate deals that would separate the chipmaker's design and

Intel (INTC) stock jumped Tuesday following a Wall Street Journal report that its rivals Broadcom and TSMC are exploring potential deals with the chipmaker that would split it into two.

Following the acquisition reports, Intel stock was last seen 9.6% higher at $25.87, marking its best trading day since October 2022. INTC has enjoyed an impressive start to 2025, boasting a 28.6% year-to-date gain and reaching its highest level since early November 2024.