Qualcomm intends to acquire Intel, and its stock price fluctuates sharply

Qualcomm has reportedly invited Intel to acquire the company and has made contact with Intel. Influenced by the news, Intel's stock price rose sharply during the midday trading session, with a daily increase of nearly 9.4%. Although it fell back in late trading, Intel still closed at $21.84, up 3.31%. At the same time, Qualcomm's stock price fell rapidly during the trading session, with a drop of 5.5% at one point, narrowing to 2.87% in late trading, closing at $168.92.