Intel’s stock on pace for biggest percentage gain in 2 months, after Israel deal

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Shares of Intel Corp. rose 4.7% Tuesday, lifted by the announcement of a $25 billion investment in Israel.

Intel’s stock INTC is on pace for its biggest daily percentage gain since Nov. 16, when it rose 6.8%. The S&P 500 index SPX is up 0.4% Tuesday.

The chip giant’s investment comes after Intel secured $3.2 billion in incentives from Israel,…

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