The American chipmaker missed out on the generative AI boom and is now in talks with rivals to which it lost market share, according to a report from the ‘Wall Street Journal.’ Shares of Intel Corporation (NASDAQ:INTC) surged over 10% on Tuesday on the news that rivals Broadcom and Taiwan Semiconductor Manufacturing Co.

Intel stock fell Wednesday, ending a massive upswing that saw the stock notch its biggest five-day gain in its history as a publicly traded company.

Fast Money' traders talk report Broadcom and TSMC are looking at breaking up Intel. DOGE says it has saved government $55B so far Ozzy Osbourne Won't Play Full Set With Black Sabbath at Final Show Asteroid 2024 YR4: More than 100 million people live in risk corridor,