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Why Intel Stock Is Up Big Today
IntelIntel(US:INTC) The Motley Foolยท2023-12-26 14:39

Intel (INTC 4.82%) stock is making big gains in Tuesday's trading. The semiconductor giant's share price was up 4.7% as of 1:45 p.m. ET, according to data from S&P Global Market Intelligence.Intel stock is climbing following news that the company will be building a $25 billion new manufacturing facility in Israel. The country's government will be providing $3.2 billion to help fund the production of the facility. Intel makes another big bet on chip productionIntel's new production plant will be built as an ...