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Intel Stock Rises on Potential Acquisition Rumors By Investing.com

Intel Stock Rises on Potential Acquisition Rumors By Investing.com
Intel Stock Rises on Potential Acquisition Rumors By Investing.com

On Friday, shares of Intel Corp . (NASDAQ:) rose in pre-market trading following speculation that the company could be a potential acquisition target. This information, reported by SemiAccurate, has sparked investor interest in the chipmaker’s stock.

This rise in Intel’s stock price marks a positive turning point for the company, which has seen a significant decline in its stock value over the past year.

In 2024, Intel shares fell 60%, reflecting the challenges the company faced in a competitive market.

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