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Stockreport

The US is taking a stake in a chip startup led by Intel's ousted CEO [Business Insider]

Intel Corporation (INTC)  More Company Research Source: Business Insider
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
I-HWA CHENG/AFP via Getty Images This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in The US government has signed a nonbinding letter of intent to invest up to $150 million in a chip startup. xLight is chaired by Pat Gelsinger, who ran Intel until his resignation late last year. The deal signals Washington's effort to regain leadership in chipmaking. The US government is poised to become a shareholder in a semiconductor startup chaired by Pat Gelsinger, who ran Intel until his resignation last year. The Commerce Department said on Monday that the Trump administration signed a nonbinding letter of intent to invest up to $150 million in xLight, a startup trying to build a more advanced and cost-effective way to manufacture chips. The investment would come from the CHIPS and Science Act and would be structured as equity, giving the federal government direct ownership in the company. The d [Read more]
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Stockreport

The US is taking a stake in a chip startup led by Intel's ousted CEO [Business Insider]

Intel Corporation  (INTC) 
More Company Research Source: Business Insider
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
I-HWA CHENG/AFP via Getty Images This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in The US government has signed a nonbinding letter of intent to invest up to $150 million in a chip startup. xLight is chaired by Pat Gelsinger, who ran Intel until his resignation late last year. The deal signals Washington's effort to regain leadership in chipmaking. The US government is poised to become a shareholder in a semiconductor startup chaired by Pat Gelsinger, who ran Intel until his resignation last year. The Commerce Department said on Monday that the Trump administration signed a nonbinding letter of intent to invest up to $150 million in xLight, a startup trying to build a more advanced and cost-effective way to manufacture chips. The investment would come from the CHIPS and Science Act and would be structured as equity, giving the federal government direct ownership in the company. The d [Read more]
IMPACT SNAPSHOT
EVENT TIME:
INTC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
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
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS