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


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,…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.

Subscribe Now

Log In

Source link

About The Author

Leave a Reply

Your email address will not be published.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