U.S. Stock Market News | Intel Surges Over 7.6% on Potential Spin-off or Sale of Manufacturing Business
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Intel's stock price rose by more than 7.6% to $21.7, as it is in discussions with investment banks to explore options such as spinning off its foundry business, pausing or canceling certain projects to improve financial performance. The negotiations are still in the early stages and Intel has not taken any significant actions yet
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