Intel Corp Looks at Outside Help, Stock Surges

Shares of Intel Corp (NASDAQ:INTC) are on the rise today, after reports that the semiconductor name is working with bankers to address weakness in its core business, exploring options such as a separation of its foundry unit. At last glance, INTC was up 7.8% at $21.69. Should these gains hold, Intel stock will mark its largest single-day percentage gain since October. The equity has been struggling following a massive 26.2% post-earnings bear gap on Aug. 2, hitting a nearly 14-year low of $18.84 on Aug. 8. ...