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.”

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

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.

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.