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Intel stock price forecast: death cross forms amid M&A rumours

Intel stock price forecast: death cross forms amid M&A rumours

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The Intel (NASDAQ: INTC) rose by more than 1% as investors welcomed the leak that the company was planning to spend $30 billion to acquire GlobalFoundries. The stock rose to $56 in the premarket, bringing its total market capitalization to more than $225 billion.

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