Intel nears $11 billion deal with Apollo for Ireland factory, WSJ reports
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Deutsche Bank Comments on Intel (INTC) and Apollo (APO) Partnership Chatter
May 13, 2024 9:34 AM EDTDeutsche Bank analyst Ross Seymore reiterated a Hold rating and $38.00 price target on Intel (NASDAQ: INTC).
The analyst comments "This morning, WSJ reported news of a potential deal between Intel and Apollo for up to an $11b investment for a facility in Ireland. The article cited other potential deal partners but that Apollo had become the... More
Intel (INTC) shares edge higher on potential $11 billion deal with Apollo - WSJ
May 13, 2024 7:49 AM EDTIntel (NASDAQ: INTC) is nearing a major deal with Apollo Global Management, which is set to invest over $11 billion to support the construction of a new chip plant in Ireland, the Wall Street Journal reported Monday.
The chipmakers shares climbed 1.3% in premarket... More
