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 ...

I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking AlphaAnalyst’s Disclosure: I/we have a beneficial long position in the shares of INTC, NVDA, ...

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 ...

Key TakeawaysIntel shares will likely remain in the spotlight on Monday following reports of an acquisition approach by Qualcomm and a possible $5 billion investment from asset manager Apollo Global Management.Since gapping sharply lower in early August, Intel shares appear to be carving out a double bottom, a classic chart pattern that signals a potential trend reversal.Friday’s rally occurred on the highest trading volume since an early August gap, suggesting healthy buying conviction behind the move.Inve ...

Tired of losing money? Our Tech Contrarians team of Wall Street analysts sifts through the noise in the tech industry and captures outperformers through a coveted research process. We let the work speak for itself here .Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (othe ...