Scalper1 News
Intel (INTC) on Monday will announce a deal to buy Altera (ALTR) for nearly $17 billion, or about $54 a share, according to multiple reports, with the aim of reinforcing its dominance in server chips. That continues a recent run of semiconductor M&A, following last week’s $37 billion deal by Apple (AAPL) supplier Avago Technologies (AVGO) for Broadcom (BRCM). Intel-Altera deal buzz has waxed and waned since the Wall Street Journal reported talks Scalper1 News
Scalper1 News