Investors may have seen the deal as a vote of confidence from Intel in its own business.
Intel shares climbed nearly 9% Wednesday after the chipmaker said it will spend $14.2 billion to buy back a 49% interest in a factory in Ireland.
Investment firm Apollo Group bought a minority stake in Intel’s Fab 34 two years ago for $11.2 billion. … [1175 chars]
Source: The Oregonian | Published: 2026-04-01T21:35:11Z
Credit: The Oregonian
