Intel joins Musk's Terafab in Surprise Move, Shares Jump

He said the investment bodes well for Intel's turnaround story. Does this really strengthen the balance sheet. How does this look to be boding well.Yeah. So Intel's been busy and it's turned around. It made a really big step in repurchasing 49% of its Ireland fab back from Apollo.And then you have this morning's announcement with Tesla. Intel has all the most important pieces right now. It's a U.S. based company with U.S. based production that makes CPUs and has advanced packaging.These are all things that ...

Intel joins Musk's Terafab in Surprise Move, Shares Jump - Reportify