Intel is ramping on speculation of an acquisition attempt
Shares of Intel are spiking as much as 8% higher this morning following a report that the company will be the target of a takeover bid.
Semiaccurate, an online publication covering the industry, said that two months ago it gained access to an email about a “mystery company” thinking of making an attempt to buy the beleaguered US chipmaker in full. The outlet has recently received intel (pun intended) that significantly boosts its confidence that this plan will be pursued.
“This mystery company has the resources to pull it off, especially at Intel’s current valuation too,” author Charlie Demerjian wrote.
Semiaccurate, an online publication covering the industry, said that two months ago it gained access to an email about a “mystery company” thinking of making an attempt to buy the beleaguered US chipmaker in full. The outlet has recently received intel (pun intended) that significantly boosts its confidence that this plan will be pursued.
“This mystery company has the resources to pull it off, especially at Intel’s current valuation too,” author Charlie Demerjian wrote.