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If you follow tech news regularly, you probably know that Intel is going through a rough patch right now. The company is lagging behind in terms of technology, losing market share, and its CEO resigned in December. This situation makes Intel attractive to potential buyers, given that its market capitalization has fallen significantly. While Intel stock was around $60 in January 2020, it is worth less than $25 at the time of writing.
For example, in November, rumors had mentioned a possible acquisition of Intel by its competitor Qualcomm. And apparently, Elon Musk, the boss of Tesla, SpaceX, and owner of the social network X, would also be interested. In any case, this is what is indicated by an article from SemiAccurate, relayed by our colleagues at the Journal du Geek. Indeed, SemiAccurate would have had access, two months ago, to an e-mail which would have revealed the interest of the American billionaire for this chip specialist.
However, at this stage, Elon Musk's teams would only be studying a possible acquisition of Intel. And because of that, it is still possible that the billionaire will not go on the offensive.
200% Deposit Bonus up to €3,000 180% First Deposit Bonus up to $20,000Why Elon Musk would buy Intel ?
In any case, Musk would have many reasons to be interested in Intel (besides the fact that it would allow him to expand his empire). Whether it is for SpaceX, Tesla vehicles, or even the xAI laboratory, Elon Musk has significant needs for chips. And an acquisition of Intel would allow him to have his own source of supply for certain components.
Furthermore, it is in the interest of the United States to “save” Intel, since this company allows the Land of Uncle Sam to be less dependent on Asian chip suppliers. As a result, it is entirely possible that the Trump administration would be in favor of a takeover of Intel (especially since Musk is close to the president).
But, as usual, since this information does not come from an official source, caution is still advised. In any case, Musk should have the resources to finance such an operation.
- Intel is in trouble, with a technological lag, declining revenues and a plummeting stock market value
- Previously, rumors have suggested a possible acquisition of Intel by its competitor Qualcomm
- But according to a new rumor, Elon Musk would also be interested in acquiring this company
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