‘Money Is Not the Issue,’ Says Bernstein About Intel Stock
Until not very long ago, Intel (NASDQ:INTC) was persona non grata for AI-minded investors, but that sentiment has reversed now. The stock has been a big winner recently, gaining 76% since early August buoyed by a series of strategic investments from the likes of chip giant Nvidia, Softbank, and the US Government.
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But it turns out the company isn’t done padding its coffers – according to a recent Bloomberg report, the struggling chipmaker has also approached Apple as a potential investor. The article offered few additional details, noting…