Technology

Intel shares pop on report Qualcomm has approached it about takeover

Intel shares pop on report Qualcomm has approached it about takeover

Qualcomm CEO Cristiano Amon speaks at COMPUTEX forum in Taipei, Taiwan June 3, 2024. 

Ann Wang | Reuters

Qualcomm approached Intel about a takeover in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Intel shares rose 8% on the report.

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