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Broadcom's CEO plays down an Intel bid: 'No hostile offers'

  • Broadcom's CEO, Hock Tan, dismisses the possibility of a takeover bid for rival Intel.
  • Tan is focused on riding the AI wave and has no interest in hostile takeovers.
  • Broadcom's market capitalization has reached $1 trillion due to the AI boom.
  • Intel, on the other hand, has struggled and experienced a significant decrease in value.

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