Monday , 24 February 2025
Home Forex Intel rallies 9% on possible separation from foundary arm
Forex

Intel rallies 9% on possible separation from foundary arm

Intel (INTC), the troubled legacy semiconductor giant, jumped 9% on Friday after the company leaked internal discussions over spinning off its foundry business and refocusing on chip design.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

TD warn of more Bank of England rate cuts than the marekt expects – to weigh on GBP

GBP may face pressure as the Bank of England (BOE) could cut...

Bank of Japan not too worried about grind higher in JGB yields – only if there’s a spike

The Bank of Japan is not too worried about the moves higher...

Andrew Bayly has resigned. Its cool, its NOT the Bank of England Governor Andrew Bailey.

New Zealand government minister Andrew Bayly has resigned. Different spelling.Different country. Different...

ECB’s Escriva says no pre-established future path for interest rates, “meeting to meeting”

Member of the European Central Bank Governing Council (the monetary policy setting...