Intel Aktie
WKN: 855681 / ISIN: US4581401001
24.09.2024 00:20:45
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Why Intel Stock Jumped Today
Intel (NASDAQ: INTC) stock gained ground Monday following reports that Apollo Global Management is interested in making a big investment in the company. The semiconductor specialist's share price closed out the daily session up 3.3%. Shares had been up as much as 4.5% earlier in the day.On Sunday, Bloomberg published a report stating that Apollo was interested in investing as much as $5 billion in Intel. The news followed reports published last Friday that Qualcomm was interested in acquiring parts of Intel's business or pursuing a full-on merger. Intel's business has been struggling as it aims to fend off competition, gain ground in artificial intelligence (AI), and build up its third-party chip fabrication business. Along with worse-than-expected earnings and forward guidance, the second-quarter report published by the company in August arrived with news that the company is pursuing major restructuring initiatives and plans to lay off 15% of its global workforce. At the same time, the company is also facing the need to make big investments if it hopes to be a real player in AI and improve and ramp up its fabrication capabilities.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Aktien in diesem Artikel
Intel Corp Cert.Deposito Arg.Repr. 0.2 Shs | 9 490,00 | 26,96% |
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Intel Corp. | 25,19 | -3,15% |
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