Previous close | 0.1800 |
Open | 0.1500 |
Bid | 0.1400 |
Ask | 0.1600 |
Strike | 55.00 |
Expiry date | 2024-12-20 |
Day's range | 0.1400 - 0.1500 |
Contract range | N/A |
Volume | |
Open interest | 2.5k |
The competition in the semiconductor market is heating up as Intel (INTC) becomes the latest chipmaker to announce a new AI chip. This move comes after Nvidia (NVDA) and AMD (AMD) recently announced their own AI chip offerings for the market. Yahoo Finance's Akiko Fujita dives into the details of the global chip industry and the projected investments and revenue to come from this sector in the years ahead. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
The deal is the latest in a series of moves by Intel to fund its aggressive production capacity expansion plans in Europe.
Apollo will acquire the stake in the Fab 34 facility in Leixlip, Ireland, the U.S. chipmaker's first high-volume location for its Intel 4 manufacturing process using extreme ultraviolet lithography machines. The deal, expected to close in the second quarter, would allow Intel to redeploy parts of its investment in the project to other parts of its business, the company said. Intel has invested $18.4 billion in the facility till date.