PANews January 18th news, according to the US technology media SemiAccurate, the media has confirmed through multiple sources that a mysterious company intends to acquire Intel (INTC.O) in its entirety. As a result of this news, Intel’s stock price rose more than 9% on Friday. The latest report from investment community Seeking Alpha stated that a Citigroup analyst reviewed this paid report and stated in a report sent to clients that “SemiAccurate’s paid report mentioned Musk as a potential buyer.” However, Citigroup’s analysis does not favor Musk’s acquisition of Intel. He wrote in the report that this would be a “bad outcome” for Intel unless Intel can hire a CEO who can exit the commercial foundry business and possesses three qualifications: advanced manufacturing experience, technological awareness, and Intel’s experience.
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It is rumored that Musk is a potential buyer of Intel, but Citigroup is not optimistic.
PANews January 18th news, according to the US technology media SemiAccurate, the media has confirmed through multiple sources that a mysterious company intends to acquire Intel (INTC.O) in its entirety. As a result of this news, Intel’s stock price rose more than 9% on Friday. The latest report from investment community Seeking Alpha stated that a Citigroup analyst reviewed this paid report and stated in a report sent to clients that “SemiAccurate’s paid report mentioned Musk as a potential buyer.” However, Citigroup’s analysis does not favor Musk’s acquisition of Intel. He wrote in the report that this would be a “bad outcome” for Intel unless Intel can hire a CEO who can exit the commercial foundry business and possesses three qualifications: advanced manufacturing experience, technological awareness, and Intel’s experience.