Intel Corp.’s stock increased by up to 9.5% on Jan. 17, following reports of a potential acquisition.

The tech newsletter SemiAccurate suggested an unnamed firm is exploring a full buyout of Intel.

Once a major player in the semiconductor industry, Intel has faced significant challenges in recent years. The company’s stock fell by 60% last year but has recently recovered to levels seen in December 2024.

Currently, Intel is valued at about US$90 billion.

Qualcomm and Arm Holdings have previously shown interest in acquiring parts of Intel, although no deals have been finalized.