Elon Musk Might Buy Intel

Rumors are swirling that Elon Musk is in talks to acquire Intel, according to Wccftech.

The speculated negotiations reportedly involve Musk alongside representatives from semiconductor giants GlobalFoundries and Qualcomm. Notably, insider Dylan Patel hints at ongoing discussions, revealing that on January 17, private jets belonging to Musk, GlobalFoundries, and Qualcomm executives were spotted in Florida. The talks allegedly took place at Mar-a-Lago, Donald Trump’s private resort.

If true, Musk’s acquisition of Intel could provide a much-needed boost to the struggling chipmaker. Observers suggest that the Tesla and SpaceX CEO might leverage his financial resources and visionary leadership to revolutionize the company.

Investors are already optimistic, as Intel’s stock saw a 10% surge following the rumors.