It's finally here! All you Intel $INTC+0.2% investors, take heart 👇

Germany will provide U.S. chipmaker Intel with a 10 billion-euro ($10.91 billion) subsidy for its planned factory in Magdeburg, a source familiar with the matter said, capping months of talks on the project that is expected to be worth around 30 billion euros.

INTC

Intel

INTC
$30.59 $0.05 +0.16%
Capital Structure
Market Cap
130.2B
Enterpr. Val.
175.9B
Valuation
P/E
31.5
P/S
2.4

I was really worried that the factory wouldn't be there after all. Do you hold $INTC+0.2% stock?


Intel is awesome in my opinion and will be for a long time to come!

Great news, but honestly I'd rather invest in chips elsewhere.

Great news, but honestly I'd rather invest in chips elsewhere.

Well, that's great. I've been buying shares way down and so far "only" receiving the dividend, which is also interesting given the share price. Now it's going to be the ride.

Well, so whoever trusted them and bought at the $25 price I recorded did well. Nice news, I don't have Intel in my portfolio but just let them do well, at least there is competition and it is healthy. 😊

Well done. Finally something is starting to happen with good old Intel. And besides, the deal in Germany will be Intel's third big investment in recent days, following a $4.6 billion chip factory in Poland and a $25 billion factory in Israel.

Timeline Tracker Overview