Breaking News
May 13, 2024
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Intel Corp. advanced 1% to $30.17 after private equity investor Apollo Global and the company are in advanced talks to build a manufacturing facility in Ireland.
Apollo is likely to invest $11 billion in the manufacturing facility, the Wall Street Journal reported Monday.
Intel is in the midst of a $100 billion investment spree as the company plays catch-up with Taiwan Semiconductor and diversifies its business model to provide foundry services to other fabless chip makers.
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