Intel shares pop on report Qualcomm has approached it about takeover

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Intel shares pop on report Qualcomm has approached it about takeover

Qualcomm CEO Cristiano Amon speaks at COMPUTEX forum in Taipei, Taiwan June 3, 2024. 

Ann Wang | Reuters

Qualcomm approached Intel about a takeover in recent days, the Wall Street Journal

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, citing people familiar with the matter.

Intel shares rose 8% on the report.

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