Intel stock jumps on plan to turn foundry business into subsidiary and allow for outside funding ...Middle East

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Intel stock jumps on plan to turn foundry business into subsidiary and allow for outside funding
Intel CEO Pat Gelsinger holds a sample of a wafer during his keynote speech at the Computex conference in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images Intel shares jumped 8% in extended trading on Monday after the company said it plans to turn its foundry business into an independent unit […] The post Intel stock jumps on plan to turn foundry business into subsidiary and allow for outside funding appeared first on NY Times News Today.

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