It’s been some time since I last checked Intel’s stock price — honestly, I wasn’t expecting much. The company has had its ups and downs, and I had long associated it with periods of uneven earnings and intense competition. Today, almost on a whim, I decided to look. When I saw the price, I had to double-check. The stock was much higher than I remembered. My first thought: “Wait… when did this happen?” I felt a mix of surprise and curiosity, the kind that makes you lean in closer to the story behind the numbers. Intel (INTC) A little research revealed why. Intel has reportedly approached Apple about a potential investment, hinting at a closer collaboration with the iPhone giant. The talks are still early, nothing is guaranteed, but the market clearly loved the idea — shared closed 6% higher
Intel Beats Sales! Above $40, Smooth Sailing Ahead?
Intel reported better-than-expected third-quarter sales, signaling that demand for its core x86 processors for PCs has recovered.Revenue: $13.65 billion versus $13.14 billion estimated EPS: 23 cents, adjusted, not comparable to analyst estimates The report is Intel’s first since the U.S. government became the company’s top shareholder in August with a 10% stake.
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