Then came a tweet from the often-well-placed Dylan Patel of SemiAnalysis that mentioned Intel, Musk, GlobalFoundries and Qualcomm. It wasn't clear if the Tesla, SpaceX and X boss, and presidential influencer with a White House pass, might be a suitor or an intermediary in talks.

A Bernstein analyst recommends avoiding Intel’s stock as takeover rumors have the potential to drive a rally, though “it doesn’t feel like a long either.”

It's not even Inauguration Day yet, but Donald Trump is making headlines across the financial world. Friday night he launched a meme coin - $TRUMP - that quickly skyrocketed to a fully diluted valuation of $75 billion.

Elon's jet is in Florida, Global Foundries jet is in Florida, Qualcomm's jet is in Florida: they're all at Mar-a-Lago... Intel buyout being discussed.

Intel stock surged on rumors of a potential buyout involving Elon Musk, suggesting a 20%-30% premium. Click here to read more on the possible INTC buyout.

According to rumors, Elon Musk is interested in acquiring Intel. It is also said that Qualcomm and Global Foundries are somehow involved in the deal.

Shares of Intel were up more than 2% Tuesday afternoon, extending Friday gains that were powered in part by deal-related rumors.

Fintel reports that on January 21, 2025, HSBC upgraded their outlook for Intel (NasdaqGS:INTC) from Reduce to Hold. Analyst Price Forecast Suggests 16.71% Upside As of December 23, 2024, the average one-year price target for Intel is $25.