What do you think about the recent news of a possible Intel acquisition?
After the news of a possible acquisition of Intel by an anonymous company, $INTCstock is up 9%. If that were to happen, I think it could only help Intel. But my opinion is still the same and I wouldn't buy $INTC stock.
Even if that happens, I still think it's an uninteresting and risky investment. Intel simply won't catch up with its competition anymore.
It's certainly better than worse for society. Investors have obviously reacted positively too. I don't own Intel stock anymore and I'm not going to buy it.
In theory, this is good news for Intel, but the question is whether the acquisition is realistic.