%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment Investing.com -- Intel jumped on Friday after Qualcomm (NASDAQ:QCOM) approached the struggling chipmaker about a takeover in recent days, the Wall Street reported, citing unnamed sources. Intel Corporation (NASDAQ:INTC) closed more than 3% higher on Friday, though had initially surged more than 7% on the news. A deal is far from certain, the people told the Journal, and even if Intel is open to accepting a takeover there are concerns about regulatory scrutiny. Intel is down about 60% so far this year. The company once had a market value of more than $290 billion at its peak. The stock rose 7% Friday after The Wall Street Journal reported the approach.This content was originally published on http://Investing.com