Intel Stock Surges Amid Reports of Apollo Investment, Qualcomm Takeover Interest

Key TakeawaysIntel shares surged Monday following a pair of reports that could bring an infusion of cash to the troubled chipmaker.Apollo Global Management reportedly offered to invest as much as $5 billion in the chipmaker, Bloomberg reported Sunday.The Apollo report came just days after The Wall Street Journal reported Qualcomm approached Intel about an acquisition. Intel (INTC) shares surged Monday following a report Sunday that investment firm Apollo Global Management offered to invest as much as $5 bil ...