Intel Stock Soars Late On Foundry Plans, Amazon AI Deal After Jumping On $3 Billion Federal Funding

Intel stock rallied overnight on an Amazon AI chip deal and plans to turn its foundry business into a independent unit. Shares leapt Monday on a $3 billion CHIPS award. The post Intel Stock Soars Late On Foundry Plans, Amazon AI Deal After Jumping On $3 Billion Federal Funding appeared first on Investor's Business Daily.

Sep 16, 2024 - 19:10
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Intel Stock Soars Late On Foundry Plans, Amazon AI Deal
After Jumping On $3 Billion Federal Funding

Intel stock rallied overnight on an Amazon AI chip deal and plans to turn its foundry business into a independent unit. Shares leapt Monday on a $3 billion CHIPS award.

The post Intel Stock Soars Late On Foundry Plans, Amazon AI Deal After Jumping On $3 Billion Federal Funding appeared first on Investor's Business Daily.

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