Intel Stock Climbs Toward 7-Week High As Rumors Swirl: Here's What To Know About Embattled Chip Maker

ToplineIntel stock rallied Monday as reports circulated about the future of the maligned Silicon Valley titan, though analysts question if Intel is “desperate enough” to undertake a drastic merger with its share price hovering at its lowest level in a decade.Intel CEO Pat Gelsinger delivers a speech in June.AFP via Getty Images Key FactsIntel stock rose 3% to $22.50 shortly after 10 a.m. EDT, hovering near its seven-week intraday high set Friday and tracking toward its highest close since Aug. 1, though sha ...