Intel stock jumps after reports of possible Apollo investment

The private equity firm would invest up to $5 billion in Intel, the Bloomberg report said, adding that Intel executives are weighing the offer. The news follows closely on the heels of multiple reports that the chipmaker is considering a friendly takeover by another chip giant, Qualcomm because it debuted after the tech giants began working on their own AI chips, Moor Insights CEO Patrick Moorhead told Yahoo Finance in a recent interview.

Bernstein senior analyst Stacy Rasgon also told Yahoo Finance on Monday that it would be "hard to do a deal where I think the risk would justify the returns." Olivia Munn and John Mulaney froze embryos in hopes of having another baby after her breast cancer diagnosis. Here's how the process works during treatment.

Top KingWin Announces Update to Supply Chain Business - Tuoxun Technology Co., Ltd. Signs A Letter of Intent with Top KingWin’s Subsidiary, Guji Technology Co., Ltd. Labour chancellor was heckled about the sale of arms to Israel as she made her speech to her party’s annual conference in LiverpoolGE Vernova stock has rallied more than 30% since the beginning of August and analysts believe the General Electric spinoff could go even higher. GEV shares edged up early Monday. On Friday, Jefferies analyst Julien Dumoulin-Smith raised the firm's price target on GE Vernova to 293, up from 261, while maintaining a buy rating on the stock.

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Asset management firm Apollo reportedly eyes US$5-billion investment in IntelThe news comes at a moment of weakness for Intel, which was once the most valuable chip maker in the world, but whose shares have lost nearly 60% of their value since the start of the year
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Apollo to Offer Multibillion-Dollar Investment in IntelApollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., according to people familiar with the matter, in a move that would be a vote of confidence in the chipmaker’s turnaround strategy.
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Apollo to Offer Multibillion-Dollar Investment in Intel(Bloomberg) -- Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., according to people familiar with the...
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Fed rate cut rally holds, Apollo reportedly eyes Intel investment: Yahoo FinanceMarkets (^DJI, ^IXIC, ^GSPC) are maintaining their upward momentum following the Federal Reserve's rate cut last week. The move comes as investors await two ...
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