semiconductor / news / / The Mercury News
Intel Corp. shares leaped to their highest intraday level since the dot-com era on Friday.
Intel agreed to repurchase half of its Ireland plant from Apollo for $14.2 billion in April.
KEY POINTS
- Intel joined Elon Musk’s Terafab project to develop semiconductors for Tesla, SpaceX, and xAI.
- Google has committed to using future generations of Intel’s Xeon processors in its data centers.
- Analysts expect Intel to announce an external foundry customer, potentially Apple or Nvidia, this year.
- Intel’s stock is now within 8% of its all-time closing high from August 2000.
COMPANIES
Summarized by Newsio from The Mercury News. How we summarize →