Then came a tweet from the often-well-placed Dylan Patel of SemiAnalysis that mentioned Intel, Musk, GlobalFoundries and Qualcomm. It wasn't clear if the Tesla, SpaceX and X boss, and presidential influencer with a White House pass, might be a suitor or an intermediary in talks.

Elon's jet is in Florida, Global Foundries jet is in Florida, Qualcomm's jet is in Florida: they're all at Mar-a-Lago... Intel buyout being discussed.

Intel's failure could present geopolitical risks, according to industry insiders, because it builds U.S. chip production. Intel is desperate, and a buyout might save the company. This article first appeared on GuruFocus.

According to rumors, Elon Musk is interested in acquiring Intel. It is also said that Qualcomm and Global Foundries are somehow involved in the deal.

Intel stock surged on rumors of a potential buyout involving Elon Musk, suggesting a 20%-30% premium. Click here to read more on the possible INTC buyout.

Key Takeaways Intel shares added to recent gains Tuesday following a report last week that the company could be a takeover target. Rival chipmaker Broadcom is the most likely buyer, some analysts said,