Tag: intel AI

Intel’s 165% stock surge helps fund its $15 billion share sale as the chipmaker boosts spending on factories, equipment and AI amid strong demand. (REUTERS/Dado Ruvic/Illustration/File Photo/File Photo) (REUTERS)
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Intel’s 165% stock surge helps fund $15 billion share sale for AI and chip factories

Intel has gained about 165% this year, giving the chipmaker a much stronger position to raise money from investors. The company now plans to raise…

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