In an interview with the Financial TimesBroadcom CEO Hock Tan said that his company is currently focusing on the wave of artificial intelligence and has not yet considered whether to acquire Intel.
Thanks to the current development trend of artificial intelligence technology, Broadcom's stock price has continued to rise recently, and its market value has soared to over US$1 trillion. Chen Fuyang also expects that the investment and competition in artificial intelligence will continue for at least another 10 years, which means that this market still has considerable room for development.
Previously, they had planned to acquire Qualcomm through a "hostile takeover", but in the endDue to the intervention of the US governmentIt ended in failure, but was subsequently successfully sold for $690 billion.Acquisition of VMware, using this to layout the multi-cloud application development market and to connect with the current wave of artificial intelligence technology development. Chen Fuyang said that Broadcom's current development focus will be on artificial intelligence technology, so it has no time to consider whether to acquire other market competitors.
However, Broadcom, perhaps due to its previous failed attempt to acquire Qualcomm, is concerned that a potential acquisition of Intel could face similar or even greater resistance from the US government. Therefore, in a subsequent statement, Hock Tan stated that it would only consider a deal if it was completely feasible, but that there are currently no plans to acquire Intel.
Compared with Broadcom's recent market capitalization of $1 trillion, Intel has recently been facing doubts about product performance and irreversible problems in its processors. Its previously promoted wafer foundry business has also seen no improvement. This has led to the return of Intel CEO Pat Gelsinger due to many factors.Resigning under the guise of "retirement", and Intel’s current market value has dropped by more than half compared to its previous level, to only $820 billion.
