Intel Stock Gains On Speculative Buyout Report, Details Remain Unclear

Quick Summary:

Zinsner and Michelle Johnston Holthaus became Intel’s interim co-CEO after the company fired veteran chief Pat Gelsinger as his turnaround efforts failed to impress the board.

Intel Corp (NASDAQ:INTC) stock gained Friday on reports claiming that the struggling chipmaker is an acquisition target.

Charlie Demerjian of SemiAccurate claimed an email about a resourceful company trying to acquire Intel wholly.

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Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United StatesIsraelTaiwan

Topics: Briefs AMD IVV Top Stories Benzinga US8740391003 US4581401001 Tech Stories That Matter Trading Ideas MBLY Why it's moving US4642872000 Media VOO NVDA US67066G1040 News US9229084135 TSM US0079031078 STLA INTC Movers

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-17 @ 19:15:35 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 482 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 19 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 25223618

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