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Intel To Pump Extra $208 Million Into Malaysia: PM [Barron's]

Intel Corporation (INTC)  More Company Research Source: Barrons
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Malaysia is the world's sixth-largest exporter of microchips, and commands 13 percent of the global market for chip packaging, assembly and testing. Advertisement - Scroll to Continue Intel's decision was "based on confidence in the country's long-term plans", Anwar posted on Facebook on Monday night, saying he had met Intel CEO Lip-Bu Tan earlier that day. "Intel announced an additional investment worth 860 million ringgit to make Malaysia their assembly and testing operations center," he said. In 2021, Intel pledged an investment of $7 billion to build an advanced chip packaging plant in the northern Malaysian state of Penang, the nation's electronics hub. Anwar said Monday the Penang factory was now "99 percent complete" and that Intel had expressed appreciation for the support of the Malaysian government. Advertisement - Scroll to Continue The United States is Malaysia's third-largest market for semiconductor exports. Malaysia shipped 120 billion ringgit ($28 bill [Read more]
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Stockreport

Intel To Pump Extra $208 Million Into Malaysia: PM [Barron's]

Intel Corporation  (INTC) 
More Company Research Source: Barrons
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Malaysia is the world's sixth-largest exporter of microchips, and commands 13 percent of the global market for chip packaging, assembly and testing. Advertisement - Scroll to Continue Intel's decision was "based on confidence in the country's long-term plans", Anwar posted on Facebook on Monday night, saying he had met Intel CEO Lip-Bu Tan earlier that day. "Intel announced an additional investment worth 860 million ringgit to make Malaysia their assembly and testing operations center," he said. In 2021, Intel pledged an investment of $7 billion to build an advanced chip packaging plant in the northern Malaysian state of Penang, the nation's electronics hub. Anwar said Monday the Penang factory was now "99 percent complete" and that Intel had expressed appreciation for the support of the Malaysian government. Advertisement - Scroll to Continue The United States is Malaysia's third-largest market for semiconductor exports. Malaysia shipped 120 billion ringgit ($28 bill [Read more]
IMPACT SNAPSHOT
EVENT TIME:
INTC
Last Price
Price Change
Price Change %
Volume Shares
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
VOLUME (SHARES)
TICKS
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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS