Intel shares jump 9% after buying back Ireland chip fab in sign of renewed strength
- Posted on April 1, 2026
- By CNBC
- 4 Views
Intel shares jump 9% after buying back Ireland chip fab in sign of renewed strength
The semiconductor company will now wholly own Fab 34 after spending $14.2 billion to repurchase the 49% stake it sold to Apollo Global Management two years ago.
