Intel Corp

INTC: XNAS (USA)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
LOCK|PyLOCK|gx%LOCK|L%P%<n@

Intel: Maintaining $21 Fair Value Estimate as Intel Foundry Receives Outside Support

Intel announced that SoftBank Group will buy $2 billion of Intel shares at $23 per share as SoftBank invests in US chip manufacturing. Separately, the US government appears to be closer to a deal to use Chips and Science Act funds to acquire a 10% stake in Intel. Shares rose 7% on the news.

Sponsor Center