Intel Soars, Applied Materials Tumbles, TeraWulf Rises
On this edition of Stock Movers: - Intel (INTC) shares jumped today after Bloomberg News reported that the Trump administration is in talks with Intel Corp. to have the US government potentially take a stake in the beleaguered chipmaker, according to people familiar with the plan, in the latest sign of the White House’s willingness to blur the lines between state and industry. The deal would help shore up Intel’s planned factory hub in Ohio, said the people, who asked not to be identified because the deliberations are private. The company had once promised to turn that site into…
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