Intel Corporation (NasdaqGS:INTC) shares jumped as much as 9.5% on January 17, 2025 morning after a report on a technology news site said the beleaguered chipmaker is an acquisition target. SemiAccurate, a tech-focused newsletter founded by Charlie Demerjian, said it was ?read an email about a company trying to acquire Intel, whole? and that the ?mystery company has the resources to pull it off.?

The report did not name the firm potentially interested in buying Intel.