Intel mulls possible defensive bid for Broadcom, WSJ reports

Intel is considering a bid for Broadcom Ltd. as part of a range of acquisition alternatives in reaction to the Singapore-based chipmaker’s bid for U.S. rival Qualcomm, the Wall Street Journal reported, citing people familiar with the matter.
Intel, the world’s second-largest semiconductor maker, is keeping a close eye on the $117 billion takeover battle and is eager for Broadcom to fail, because the combined company would pose a serious competitive threat, the Journal reported. If Br