Intel Shares Rise, Qualcomm Slides Following Report of Takeover Approach
Shares of Intel rose after Qualcomm made a takeover approach in recent days, The Wall Street Journal reported, citing people familiar with the matter. The stock was up 5.9%, to $22.38, in afternoon trading. Shares are down 58% since the beginning of the year. Qualcomm shares are down 3.7%, to $167.84, but have risen 16% since the start of the year.
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Intel Corporation shares rise on reports of Qualcomm Incorporated takeover interest due to Intel's issues & restructuring.
One fund manager sees “more cons than pros” if the companies were to combine, after the Wall Street Journal reported that ...
Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom ...
Yet its foundry business has shown potential for improvement. Intel will turn that business into a separate subsidiary, ...
Intel shares surged in extended trading Monday after CEO Pat Gelsinger offered an update on the company’s plans to cut costs ...
Intel stock has surged recently due to positive developments, including an expanded partnership with Amazon AWS. See more on ...
Intel has made an expensive bet on manufacturing that’s been a source of investor concern. But the company announced a series ...
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