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Musk is rumored to be a potential buyer of Intel, but Citigroup says it is not optimistic
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2025-01-18 22:02 9,173
According to news on January 18, US technology media SemiAccurate reported that the media confirmed through multiple sources that a mysterious company intends to acquire Intel (INTC.O) as a whole. Affected by this news, Intel's stock price rose by more than 9% on Friday. The latest report from the investment community Seeking Alpha stated that Citigroup analysts read the paid report and said in a report sent to clients that "Musk is mentioned in the SemiAccurate paid report as a potential buyer." However, Citigroup analysis is not optimistic about Musk's acquisition of Intel. He wrote in the report that this would be a "bad result" for Intel unless Intel can hire someone who can exit the commercial foundry business and has advanced manufacturing experience. A CEO with three major qualifications: technical acumen and Intel experience.
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