The chip sector is rallying Wednesday morning, with Intel (NASDAQ:INTC) shares up 8% and Advanced Micro Devices (NASDAQ:AMD) ...
The semiconductor company will now wholly own Fab 34 after spending $14.2 billion to repurchase the 49% stake it sold to ...
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Intel buys back 49% stake in Ireland fab joint venture — takes full control over Fab 34
In a mutually beneficial deal, Intel repurchases 49% of Fab 34 from Apollo for $14.2 billion.
Intel (INTC) stock surged 9% after announcing a $14.2B buyback of its Ireland chip plant stake from Apollo, signaling ...
On April 1, 2026, a massive fab buyback sharpened Intel’s AI foundry ambitions.
Intel Corp. has won $7.86 billion in funding from the U.S. Commerce Department to upgrade its U.S. chip production infrastructure. The financing, which officials announced today, will be provided ...
SANTA CLARA, Calif. & NEW YORK--(BUSINESS WIRE)--Intel Corporation (Nasdaq: INTC) and Apollo (NYSE: APO) today announced a definitive agreement under which Apollo-managed funds and affiliates will ...
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