Intel Corp INTC is moving to consolidate control of a key manufacturing asset as it strengthens its balance sheet and ...

Intel is making another major chip manufacturing investment, this time by buying back the 49% equity stake in its Fab 34 site in Ireland that it sold to Apollo in 2024.

Intel plans to fund the transaction through cash on hand and the proceeds of a new debt issuance.

In a mutually beneficial deal, Intel repurchases 49% of Fab 34 from Apollo for $14.2 billion.

I no longer see Intel as a broken story. However, I still believe it remains an unfinished one. Turnaround is gaining ...

Intel has made a strong move to take back full control of its major chip plant in Ireland. The company is ready to spend ...

Intel shares led semiconductor and other tech stocks higher Wednesday. The chipmaker is buying back a 49% stake in its ...

Intel rose after agreeing to repurchase Apollo’s stake in its Fab 34 facility, restoring full ownership as investors look to quarterly results later this month for progress on margins and its foundry ...

Intel (NASDAQ: INTC) faced a setback in its foundry comeback story a few days ago when reports emerged that AI giant Nvidia (NASDAQ:NVDA) was halting tests on Intel’s most advanced manufacturing ...