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Intel (INTC)
Chipmaker Intel closed Friday's session more than 3% higher, following reports that rival Qualcomm (QCOM) had approached the company about a possible takeover.
âThis would be the biggest deal in the history of the semiconductor industry, ever,â Futurum Group chief market strategist Cory Johnson told Yahoo Finance.
He said that while Intel was once the largest semiconductor company in the world, that was no longer the case and that the company was "still very much wedded...
>>> Read more: Trending tickers: Intel, Rightmove, HSBC, Commerzbank and Wizz Air
Chipmaker Intel closed Friday's session more than 3% higher, following reports that rival Qualcomm (QCOM) had approached the company about a possible takeover.
âThis would be the biggest deal in the history of the semiconductor industry, ever,â Futurum Group chief market strategist Cory Johnson told Yahoo Finance.
He said that while Intel was once the largest semiconductor company in the world, that was no longer the case and that the company was "still very much wedded...
>>> Read more: Trending tickers: Intel, Rightmove, HSBC, Commerzbank and Wizz Air