Intel Corp. was once the most valuable semiconductor company in the world, but the chipmaker's steady decline in recent years has put it in a vulnerable spot. The company, which is now worth less than half its value from three years ago, has now reportedly become a takeover target after being approached recently by Qualcomm with an acquisition offer, according to multiple reports.  According to The Wall Street Journal, which first reported the takeover bid, a series of missteps by Intel have led to the comp ...

A private equity firm sees opportunity in Intel.Just one working day after The Wall Street Journal reported that Qualcomm was interested in buying Intel (INTC 4.08%), today there's news of another interested party willing to shell out billions for a piece of the chipmaker.According to a report in Bloomberg, Apollo Global Management, one of the world's biggest private equity firms, has offered to take a multibillion-dollar stake in Intel.Intel shares were up 3.4% on the news as of 12:44 p.m. ET. Intel gains ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appThanks for signing up! Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIf Qualcomm sees it through, its takeover bid of Intel w ...

Intel Corp (NASDAQ:INTC) is back in the spotlight for another week. The U.S.-based chipmaker is up 2.3% to trade at $21.84, after Bloomberg reported the company was an investment target of Apollo Global Management (NYSE:APO), with the asset management giant making an offer of $5 billion. Another suitor is lurking though; over the weekend, the Wall Street Journal reported sector peer Qualcomm Inc (NASDAQ:QCOM) had approached Intel about a possible takeover. APO and QCOM are up 0.6% and 0.1% this morning, res ...

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 ...

Intel TodayINTCIntel$22.34 +0.50 (+2.29%) 52-Week Range$18.51▼$51.28Dividend Yield2.24%P/E Ratio23.27Price Target$32.04Add to WatchlistAfter experiencing a declining trend since its highs in 2021, Intel Co. NASDAQ: ITNC stock is now trading at a mere 43% of its 52-week high today. While this price action could have caused most to avoid such underperformance, there are others who can spot and appreciate the deep value aspect of this steep discount, one that can be taken advantage of today.For reasons that in ...

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 ...

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This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain Qualcomm Inc. has approached Intel Corp. to discuss a potential acquisition of the struggling chipmaker, people with knowledge of the matter said, raising the prospect of one of the biggest-ever M&A deals. California-based Qualcomm proposed a friendly takeover for Intel in recent days, accordi ...

Apollo Global Management is in talks to invest up to $5 billion into Intel, Bloomberg reports.The chipmaker is considering the offer, but no deal has been finalized yet.It follows a separate report that Qualcomm approached Intel about a potential takeover. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized fe ...