Intel Rallies, Eli Lilly Jumps, Paccar Soars
On this episode of Stock Movers:- Intel (INTC) shares rally in premarket trading after the Wall Street Journal reported that the Trump administration is weighing a new plan to reduce US reliance on chips made overseas. The Journal says the policy’s goal is to have chip companies manufacture the same number of semiconductors in the US as their customers import from overseas producers. Meantime, a separate Journal report says Intel has approached Apple and TSMC to secure investments or manufacturing partnerships to fuel the chipmaker's comeback.- Eli Lilly (LLY) shares jumps in premarket…
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