Published:
Intel has a lot to prove as it looks to reclaim leadership in chip manufacturing, and its latest move is perhaps a sign that it’s heading in the right direction.
The chip maker
INTC announced Wednesday that it is paying $14.2 billion to repurchase the 49% equity interest in a joint venture related to its fab in Ireland, which had been acquired by Apollo Global Management APO in 2024 for $11.2 billion.
www.marketwatch.com
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