Rumor has it that Musk is a potential buyer for Intel, but Citigroup is not optimistic
ChainCatcher news, according to Jinshi reports, the American tech media SemiAccurate reported on the 17th local time that the media confirmed through multiple sources that a mysterious company intends to acquire Intel (INTC.O) in its entirety.
As a result of this news, Intel's stock price surged over 9% on Friday. The investment community Seeking Alpha reported that Citigroup analysts reviewed this paid report and stated in a report sent to clients, "The SemiAccurate paid report mentions Musk as a potential buyer."
However, Citigroup analysts are not optimistic about Musk acquiring Intel. In the report, they wrote that this would be a "bad outcome" for Intel, unless Intel could hire a CEO who can exit the contract manufacturing business and possesses three qualifications: advanced manufacturing experience, technical sensitivity, and Intel experience.