Intel Extends Gains, Apple Climbs, Intuit Falls
On this episode of Stock Movers: - Intel (INTC) Intel shares extended gains to as much as 6.6% after President Donald Trump says Intel has agreed to give the US a 10% stake. “They’ve agreed to do it and I think it’s a great deal for them,” Trump told reporters Friday at the White House. Trump cast the agreement as one that would revitalize the company, saying that “Intel has been left behind” compared to competitors in the chipmaking industry, and that he had floated the idea when he met with Intel Chief Executive Officer Lip-Bu Tan earlier this month. -…
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