Why Intel Stock Popped Today
Intel(US:INTC) The Motley Foolยท2024-09-20 20:43Qualcomm is reportedly interested in a buyout.There's no end to the excitement for Intel (INTC 3.31%), it seems. After shares surged earlier this week on a partnership with Amazon and a $3 billion contract with the Defense Department, they jumped again late Friday on reports that Qualcomm (QCOM -2.88%) had approached its rival about a possible takeover, showing the struggling semiconductor company could be in play.Intel stock closed up 3.3% on the news, after jumping as much as 9.5% when the story first bro ...