Intel Shares Edge Higher on Tech Rally and Reported SambaNova Talks
Intel (NASDAQ:INTC) shares gained about 1.25% on Monday, supported by broader strength across technology stocks and reports that the chipmaker is in late-stage discussions to acquire artificial intelligence startup SambaNova Systems for roughly $1.6 billion. Bloomberg reported on Friday that Intel is engaged in advanced negotiations to buy the Palo Alto, California-based company, with a [...]
