Intel said Apple is buying its smartphone modem chip business for $1 billion. Intel shares were rallying after the chip giant reported better-than-expected results, including a strong outlook. Visit Business Insider's homepage for more stories Intel shares rallied more than 5% late Thursday after the company said Apple was buying its smartphone modem chip business for $1 billion. The company also reported second quarter results and a forecast that exceeded Wall Street expectations.
Intel said Apple is buying its smartphone modem chip business for $1 billion. Intel shares were rallying after the chip giant reported better-than-expected results, including a strong outlook. Visit Business Insider's homepage for more stories Intel shares rallied more than 5% late Thursday after the company said Apple was buying its smartphone modem chip business for $1 billion. The company also reported second quarter results and a forecast that exceeded Wall Street expectations.
CNBC Cash is like 'Size' its not how b..much U have, it's what U do w/it that counts! 😉 Surprised it jumped more than 2%, a 5% spike seems a lil... premature.😬 Let's see what intel does with it 1st & then decide to move on the signs. 😎 ToungeAndCheek investing SexSells