It's finally here! All you Intel $INTC 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.
I was really worried that the factory wouldn't be there after all. Do you hold $INTC stock?
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.
Hopefully, he'll pick himself up again. Seems to me that the dividend cut came during the year didn't it? Or was that just a money saving consideration?
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. 😊
Here I really felt sorry for the shareholders, the company was good but it was starting to fall behind. This will hopefully get them back on their feet.
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