​Intel Shares Soar On Report Of Qualcomm Takeover Interest – Tyler Durden

Intel Shares Soar On Report Of Qualcomm Takeover Interest Intel shares surged 6% in late afternoon trading (now halted) after a Wall Street Journal report revealed that Qualcomm had approached the struggling chipmaker earlier this week to discuss a potential acquisition.  It wasn’t hard to see this coming… Who will buy Intel https://t.co/EYwxLaBySF — zerohedge (@zerohedge) August 30, 2024 This is smart. Start a bidding war. Here’s the math:  Intel has 15 fabs; the fabs alone are worth $10bn/each in liquidation value. The value created by management is negative $50 billion. https://t.co/HkqUQJ4A6J — zerohedge (@zerohedge) August 2, 2024 *Developing…  Tyler Durden Fri,…  — Continue at ZeroHedge News : Read More