Intel Corp.’s stock surged 9.5% on Friday morning following a report from SemiAccurate, a tech newsletter, that suggested the company is an acquisition target. The newsletter stated that a mystery firm has the resources to make a deal, but did not disclose its identity. This news sent shockwaves through the market, with Intel’s shares jumping in response to the speculation about potential buyer interest.
Source: https://www.bloomberg.com/news/articles/2025-01-17/intel-shares-jump-on-report-it-s-an-acquisition-target