On Friday, Intel Corp . (NASDAQ:INTC) shares rose in premarket trading amidst speculation that the company could be a potential acquisition target. This development was reported by SemiAccurate, stirring investor interest in the chipmaker’s stock.
The boost in Intel’s share price marks a positive turn for the company, which saw a significant decrease in its stock value over the past year.
In 2024, Intel shares shed 60%, reflecting challenges the company faced in a competitive market.
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