Intel's stock rose more than 1% in after-hours trading amid reports that Apple is in talks to buy its smartphone-modem chip business
San Francisco Intel's stock rose more than 1% in after-hours trading Monday amid reports that Apple is in talks to buy its smartphone-modem chip business.
The Wall Street Journal first reported news of the potential deal, citing people familiar with the matter. Shares in Apple rose slightly following the report.The deal would give Apple more of a role in developing key parts of its smartphones at a time when sales are faltering as phones last longer and people have stopped replacing them as frequently. The smartphone-modem chips allow phones to connect to wireless data networks.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Apple is reportedly in 'advanced' talks to buy Intel's modem division for $1 billion or moreThe deal could be announced as soon as next week, according to the report.
Leer más »
Morgan Stanley's bullish call on Apple ahead of earnings defies conventional wisdom, Jim Cramer saysMorgan Stanley made a bold call on Apple. But CNBC's Jim Cramer says it would be a mistake to buy shares ahead of its earnings next week.
Leer más »
Apple close to buying Intel's modem business: reportApple Inc. could be within a week of agreeing to a deal to buy Intel Corp.'s modem-chip business, according to a Monday afternoon report. The Wall Street...
Leer más »
Apple in Advanced Talks to Buy Intel’s Smartphone-Modem Chip BusinessApple is in advanced talks to buy Intel’s smartphone-modem chip business, a move that would jump-start the iPhone maker’s push to take control of developing the critical components powering its devices.
Leer más »
Apple is reportedly in talks to buy Intel’s smartphone-modem chip business for $1 billionIntel said it was getting out of the business earlier this year, saying 'there is no clear path to profitability and positive returns.'
Leer más »
Morgan Stanley on Apple: 'Attractive setup into earnings'Morgan Stanley maintained its overweight rating on Apple's stock and hiked its price target to $247 from $231, heading into the tech giant's third-quarter earnings on July 30.
Leer más »