Intel (INTC) Jumps 8.8% on Ireland Facility Takeover

Intel Corp. (NASDAQ:INTC) is one of the 10 Stocks Outperforming Wall Street with Outsized Gains. Intel Corp. rallied for a second day on Wednesday, jumping 8.84 percent to finish at $48.03 apiece, as investors took heart from the $14.2 billion full takeover of its Fab 34 semiconductor facility in Ireland. In a statement, Intel Corp. (NASDAQ:INTC) said that it would reacquire a 49 percent stake in Fab 34 from Apollo Global Management, reflecting its continued business momentum underpinned by the rapidly ...

Intel (INTC) Jumps 8.8% on Ireland Facility Takeover - Reportify