Elon Musk's plans to buy Intel

There are rumors about Elon Musk's plans to buy Intel. There is also unconfirmed information that Global Foundries and Qualcomm may be involved in the deal.

This information is spread by SemiAnalysis, which emphasizes the high probability of negotiations on the purchase of the company. Elon Musk is not the only participant in the deal, but he is definitely the key one. The source says that the parties involved in the deal are in Florida for negotiations.

Analysts' reaction

Citibank analysts consider the acquisition unlikely and could have a negative impact on Intel. Positive effects of the deal may occur with a complete transformation of the company, which requires significant financial investments.

Despite the unreliability of such information, Intel shares have already risen by 10 percent. Some investors do not reject this possibility and see it as a very positive decision. Therefore, it is not reasonable to completely exclude this possibility.