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(Bloomberg) -- Intel Corp. agreed to sell a stake in a venture that controls a plant in Ireland to Apollo Global Management Inc. for $11 billion, helping bring in more external funding for a massive expansion of its factory network.Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityShort Sellers in Danger of Extinction After Crushing Stock GainsModi’s Magic Is Fading Fast. Who’s Next for India?Bonds Rally as Traders Reload Fed Bets After Data: Markets WrapBlackRo

(Bloomberg) -- Intel Corp. shares are on pace to close out April down more than 30%, their worst month in over 20 years, as the chipmaker continues to struggle with executing a turnaround.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailTesla Soars on Tentative China Approval for Driving SystemS&P 500 Falls 1% at End of Worst Month in 2024: Markets WrapStocks Trade for 390 Minutes a Day. Increasingly, Only 1

(Bloomberg) -- Intel Corp., the biggest maker of personal computer processors, tumbled in late trading after giving a lackluster forecast for the current period, indicating that it’s still struggling to return to the top tier of the chip industry. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapJavier Milei Fuels Wild Ra

(Bloomberg) -- Intel Corp.’s latest attempt to prove to investors that its turnaround strategy is on track instead spurred a $27 billion rout that further widened the gap between the chipmaker and its peers as it struggles to capitalize on investor demand for all things artificial intelligence-related.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will StickChinese Cement Maker Halted After 99% Crash in 15 Mi

(Bloomberg) -- Intel Corp. declined the most in more than two months after the chipmaker gave a disappointing outlook for its factory operations, saying that losses have deepened at the business and it may not reach a break-even point for several years. Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTSMC Facilities to Resume Production Overnight After QuakeTrump Media’s Business Doesn’t MatterKim Jong Un Faces Annihilation in Most Korea War ScenariosT