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Intel's stock price has surged, with reports suggesting that Qualcomm has been in talks to acquire the company. Previously, The Wall Street Journal reported that Qualcomm had been in talks with the company regarding the acquisition, which could potentially set a record in the chip industry. According to informed sources, the discussion took place in recent days. Representatives from Intel and Qualcomm declined to comment. Intel rose 9.5% to $23.14 in New York on Friday, rebounding after falling earlier in the day. As of Thursday this year, it has fallen by 58%.
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