As each piece of the company is explored for possible purchase or co-investment, it raises the overall valuation, such was the conglomerate discount applied to Intel.
Intel Capital, ProdCo and possibly some older fabs will be additional valuation proof points, and each sale helps reduce debt as well. Broadcom knows how to extract the maximum value from the Product groups (hint: it doesn't involve keeping many of the existing workers).
They still have a lot of restructuring to do with IFS, centralizing departments to lower labor cost, to be more like TSMC.
A TSMC investment would bring with it some level of insistence and urgency to reorganize IFS to be more like TSMC, so would speed up the process.
All this makes it a not so good time to be an employee but has the potential to do wonders for the stock.
Ya shoulda taken the package, but you may still be allowed to buy the stock. Consider adding the Intel Stock fund at 20% to your 401k..