On Friday, Intel Corp . (NASDAQ:) shares rose in premarket trading amidst speculation that the company could be a potential acquisition target. This development was reported by SemiAccurate, stirring investor interest in the chipmaker’s stock.
The boost in Intel’s share price marks a positive turn for the company, which saw a significant decrease in its stock value over the past year.
In 2024, Intel shares shed 60%, reflecting challenges the company faced in a competitive market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Visited 1 times, 1 visit(s) today
