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Intel Stock Jumps Over 5% After Hours As SoftBank Buys $2 Billion Stake, Trump Administration Weighs Investment
Intel shares jumped after hours as SoftBank announced a $2 billion stake in the struggling chipmaker, while reports said the Trump administration is weighing a potential 10% government investment.
Intel (INTC) Shares Jump After SoftBank Scoops up $2 Billion Stake
The capital injection arrives as Intel faces steep competition from Advanced Micro Devices (NASDAQ:AMD) and works to repair execution in its foundry push. Company executives plan to reshape the contract-manufacturing approach to attract major customers and improve competitiveness with TSMC (TSMC).
Options traders are still targeting INTC, with overall options volume running at double the intraday average volume. So far, ...
Semiconductor Trade Deals Stir Controversy The U.S.-China trade landscape has been a high-stakes chessboard, with ...
Major U.S. equities indexes were mixed Tuesday as tech sector losses weighed on their performance. The S&P 500 ended the ...
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
Intel Corporation (NASDAQ:INTC) is one of the Trending AI Stocks on Wall Street. On August 20, Truist Securities analyst ...
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Intel Is Trading at a Valuation Not Seen Since the Dot-Com Era. Will Trump Sweeten the Deal for INTC Stock?
Intel (INTC) stock is on fire, up 22% in August after striking a deal with the Trump administration that would see the ...
The home-improvement retailer boosted its annual outlook, fueling a mode ...
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