Intel’s $100 Billion Investment Push: A Bid for Semiconductor Supremacy
Intel Corporation (INTC.O) recently unveiled plans for a monumental $100 billion investment spree across four U.S. states, signaling its ambitious endeavor to build and expand factories. This strategic move comes on the heels of Intel securing a substantial $19.5 billion in federal grants and loans, with hopes of clinching an additional $25 billion in tax […]
Intel invests $33 bln in Germany for lucrative increases
Intel, the U.S. chipmaker, has announced a significant investment of over 30 billion euros ($33 billion) in the development of two chip-making plants in Magdeburg, Germany. This expansion initiative in Europe has been hailed by Chancellor Olaf Scholz as the largest foreign investment in Germany to date. To facilitate this project, Berlin has agreed to […]
Offering of Intel’s Mobileye: first indication of a defrosting tech IPO market
Even though the market for fresh issues has all but collapsed, Intel Corp.’s (INTC.O) self-driving arm Mobileye on Friday announced its filing for a U.S. initial public offering.The technology IPO market is currently experiencing its worst dry spell in close to two decades. According to data from Dealogic, U.S. listings have raised just over $7 […]