Previous Close | 28.69 |
Open | 28.65 |
Bid | 0.00 x 4000 |
Ask | 0.00 x 1100 |
Day's Range | 28.43 - 29.27 |
52 Week Range | 24.59 - 52.51 |
Volume | |
Avg. Volume | 39,685,880 |
Market Cap | 120.18B |
Beta (5Y Monthly) | 0.78 |
PE Ratio (TTM) | 14.97 |
EPS (TTM) | 1.94 |
Earnings Date | Apr 26, 2023 - May 01, 2023 |
Forward Dividend & Yield | 1.46 (5.09%) |
Ex-Dividend Date | Feb 06, 2023 |
1y Target Est | 27.53 |
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Intel has provided the German economy ministry with a new calculation for a planned chip factory in the city of Magdeburg that considers almost 10 billion euros ($10.74 billion) of government funding to be necessary, business daily Handelsblatt reported on Wednesday, citing government sources. An Intel spokesperson declined to comment on the figure in Handelsblatt but was quoted as saying the group was "working very closely with government partners to close the critical cost gap". The company explains that its new demand, which exceeds the already approved funds of 6.8 billion euros ($7.3 billion), was necessary due to higher energy costs and that it would like to use a more advanced technology in the plant than initially planned, Handelsblatt said.
Intel has provided the German economy ministry with a new calculation for a planned chip factory in the city of Magdeburg that considers almost 10 billion euros ($10.74 billion) of government funding to be necessary, business daily Handelsblatt reported on Wednesday, citing government sources. An Intel spokesperson declined to comment on the figure in Handelsblatt but was quoted as saying the group was "working very closely with government partners to close the critical cost gap". The company explains that its new demand, which exceeds the already approved funds of 6.8 billion euros ($7.3 billion), was necessary due to higher energy costs and that it would like to use a more advanced technology in the plant than initially planned, Handelsblatt said.
A statement on the Vietnam government's official portal was amended on Wednesday to remove a reference to the country's commercial hub of Ho Chi Minh City trying to attract $3.3 billion in additional investment from U.S. chip giant Intel Corp. Asked about the initial post and reports on the investment, Intel said in a statement: "Vietnam is an important part of our global manufacturing network, but we have not announced any new investments." Intel has a chip packaging and testing factory in Ho Chi Minh City, in the south of the country, which is its biggest worldwide, where it is estimated it has so far invested around $1.5 billion.