Intel stock is spiking
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Intel shares surged after-hours following reports of a potential Trump administration investment to revive its Ohio chip factory, as analysts weigh both the strategic boost and risks amid executive challenges and competitive pressures.
President Trump had urged CEO Lip-Bu Tan to step down over his past ties with China. But the narrative flipped last week after a highly positive White House meeting
Intel stock is up 7% after Bloomberg reported President Donald Trump’s administration is considering having the federal government take a stake in the company.
Enthusiasm for a potential U.S. government stake in Intel Corp. is pushing the chip maker's stock toward its best week in 50 years. Intel shares were up 6.8% in Friday trading, on top of a 7.4% rise in Thursday's session.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
News that the U.S. could become a shareholder in Intel continues to boost the troubled chip maker's stock. The shares had jumped more than 7% Thursday, after news of the deal talks emerged. In premarket trading Friday,
Interest from the US government potentially signals Intel as a critical player in U.S. semiconductor and national security strategy.
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TipRanks on MSN“30% Higher Gaming Performance”: Intel Stock (NASDAQ:INTC) Gains With New Lunar Lake Findings
Much of the news at chip stock Intel ($INTC) has been focused on CEO Lip-Bu Tan lately. But today, we got reports of the Lunar Lake processor