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Intel (INTC.US) Hits 52-Week High, Just 6% Below 2000 Record Closing Peak
Intel (INTC.US) hit a 52-week high on Friday, rising more than 2% to an intraday high of USD70.32, only about 6% below its all-time record closing peak of USD74.88 set on August 31...
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Intel (INTC.US) Hits 52-Week High, Just 6% Below 2000 Record Closing Peak
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Intel (INTC.US)      hit a 52-week high on Friday, rising more than 2% to an intraday high of USD70.32, only about 6% below its all-time record closing peak of USD74.88 set on August 31, 2000.

In early April, Intel agreed to pay USD14.2 billion to repurchase a 50% stake in its Ireland plant from Apollo Global Management, a move seen as part of the companys turnaround efforts. Subsequently, Intel announced it would join Elon Musks Terafab project to develop semiconductors for companies including Tesla, SpaceX and xAI. Meanwhile, Google, a subsidiary of Alphabet (GOOG.US)      , has pledged to use Intels future processors in its data centers.

Related NewsReport: Bezos-Founded AI Startup Project Prometheus Nears USD10B Funding Round
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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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