INTC Jun 2025 45.000 call
- Reuters
Intel qualifies for $3.5 billion in grants to make chips for US military, Bloomberg News reports
Intel Corp has officially qualified for as much as $3.5 billion in federal grants to make semiconductors for the U.S Department of Defense, Bloomberg News reported on Friday, citing people familiar with the matter, after the chipmaker reached a binding agreement with U.S officials.
- Reuters
Poland's Intel plant gets EU green light for $1.9 billion in state support
WARSAW (Reuters) -The European Commission has given Poland a green light to support an Intel chip assembly and testing plant with more than 7.4 billion zlotys ($1.91 billion) in state aid, the government said on Friday. The decision comes as Intel grapples with a cost-cutting drive that has raised questions whether it may delay or cancel some European expansion plans, which also include a major new chip manufacturing plant in Germany. "The European Commission has informed Poland that there is a green light for granting state aid to Intel," Deputy Prime Minister Krzysztof Gawkowski said.
- Zacks
Intel (INTC) Stock Slides as Market Rises: Facts to Know Before You Trade
In the latest trading session, Intel (INTC) closed at $19.36, marking a -1.43% move from the previous day.
