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INTC Intel Corporation

34.51
0.05 (0.15%)
Pre Market
Last Updated: 10:36:34
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intel Corporation NASDAQ:INTC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 0.15% 34.51 34.51 34.53 35,442 10:36:34

Tower Semiconductor Ltd. Jumps 51% On WSJ Report of Potential Intel Deal

14/02/2022 11:06pm

Dow Jones News


Intel (NASDAQ:INTC)
Historical Stock Chart


From Jul 2021 to Jul 2024

Click Here for more Intel Charts.
   By Denny Jacob 
 

Tower Semiconductor Ltd. shares soared 51% to $50.14 in Monday's after-hours trading session after The Wall Street Journal reported that Intel Corp. is close to a deal to buy the Israeli chip company for nearly $6 billion.

A deal could be unveiled as soon as this week assuming talks don't fall apart, according to people familiar with the matter.

This is the latest in a string of potential big deals in the works. Last week, The Wall Street Journal also reported that Cisco Inc. made a $20 billion takeover offer for software maker Splunk Inc.

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

February 14, 2022 17:51 ET (22:51 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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