TECH - What's Going On With Intel Stock Tuesday? | Benzinga
Intel Corp (NASDAQ: INTC) stock is trading higher Tuesday after it agreed to provide foundry services and 300mm manufacturing capacity to help Tower Semiconductor Ltd (NASDAQ: TSEM) serve its customers globally.
Tower will utilize Intel's advanced manufacturing facility in New Mexico.
It will invest up to $300 million to acquire and own equipment and other fixed assets installed in the New Mexico facility, providing a new capacity corridor ...