Here are some of the major companies whose stocks moved on the week's news.
Intel lost its chipmaking lead years ago and is struggling to regain it. Qualcomm could sell parts of Intel to other buyers, WSJ reported.
Shares of chipmaker Intel (INTC) popped in extended trading Friday, pulled higher by a report that Qualcomm (QCOM) had made a "takeover approach."
Patrick Moorhead, Moor Insights & Strategy CEO, joins 'Closing Bell Overtime' to talk recent reports that Qualcomm approached Intel about a takeover.
A deal for Intel would be massive and come at a time when the chip maker is sputtering.
"The Wall Street Journal" said Qualcomm had approached Intel about a possible takeover. A deal between the two companies would be one of the biggest in tech history.
Qualcomm made a takeover approach to rival Intel in recent days, according to people familiar with the matter. A deal for Intel would be massive and come as the chip maker has been suffering through one of the most significant crises in its five-decade history.
CNBC's Jon Fort joins 'Closing Bell' with some breaking news about Qualcomm and Intel.
Intel stock rallied on a WSJ report that Qualcomm had recently approached the chip giant about a possible takeover.
Intel shares have plummeted in recent months as it cut jobs, suspended its dividend and faced a high-profile board member resignation.
Intel stock surged on a Wall Street Journal report that Qualcomm could be interested in acquiring Intel.
Qualcomm made a takeover approach to chipmaker Intel in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter.