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Intel stock jumps after reports of possible Apollo investment

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Apollo Global Management Nyheter

Qualcomm,Intel,Advanced Micro Devices

Intel stock jumped on reports of a potential deal with Apollo Global Management.

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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