Shares of Intel are trading up 5.82% after reports from the WSJ that Qualcomm approached the company about a takeover in recent days.
The shares of Intel are down in 2024 from an end of year closing level of $50.25. The current price is up $1.23 or 5.82% at $22.37 in volatile trading . The low for the year reached $18.51 on September 10.
With Berkshire ridding itself of some of the Apple position and Bank of America and raising cash, would that be an idea too?
I am just thinking out loud. That is not substantiated but it might be interested in if they like the management and the plan.
