Shares of Toshiba Corp jumped on Thursday after people familiar with the matter said it aims to name a winner for its prized semiconductor business next week.
Toshiba <6502.T> was last up 3 percent at 278 yen ($2.53) after earlier rising as high as 279.1 yen, its highest since January. The gains outpaced those of the broader Nikkei stock index <.N225>, which was up 0.1 percent.
Sources told Reuters the choice has narrowed to one bid from U.S. chipmaker Broadcom Ltd
(Reporting by Tokyo markets team; Editing by Michael Perry)
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