On Friday, shares of Intel Corp . (NASDAQ:INTC) rose in pre-market trading amid speculation that the company could be a potential takeover target. This news was reported by SemiAccurate, sparking investor interest in the chipmaker's stock. The increase in Intel's share price marks a positive turn for the company, which has seen a significant decline in its stock value over the past year.
In 2024, Intel shares lost 60 percent, reflecting the challenges the company has faced in a competitive market.