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Tower Semiconductor (TSEM), which agreed to a $5.2 billion sale to Intel (INTC) last February, rose 3.4% after Intel CEO Pat Gelsinger met with a Chinese official to discuss the state...
Semiconductor stocks largely bucked the weakness related to Intel (INTC) on Friday ahead of several key industry earnings reports.
For months, Intel (INTC) has been in negotiations with Italy to build a fab in the country as part of its plan to invest $77.5B in Europe over the next decade.
For Intel, 2022 has become a black page amid the turnaround. See why I believe that INTC stock has remained fairly stable.
Intel has announced a new program to reduce the capital burden of building fabs, called SCIP. Read what this means for INTC stock.