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home / articles / INTC - Why Intel Stock Is Trading Higher Today | Benzinga

INTC - Why Intel Stock Is Trading Higher Today | Benzinga

Intel Corporation

Intel Corporation (NASDAQ: INTC) shares are trading higher after the company announced it will sell its 10% stake in the IMS Nanofabrication business to TSMC.

What To Know: Intel's sale to TSMC totals $4.3 billion and is expected to close in the fourth quarter of 2023. The announcement follows Intel's June agreement to sell an approximately 20% ...

Full story available on Benzinga.com
Stock Information
Company Name: Intel Corporation
Stock Symbol: INTC
Market: NASDAQ
Website: intel.com
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