Intel stock pops as it buys back Ireland chip fab in sign of strength

admin April 1, 2026 0 Comments

Intel shares jumped 10% on Wednesday after the U.S chipmaker announced it would repurchase the 49% equity interest it did not own in its Fab 34 chip facility in Ireland for $14.2 billion. The semiconductor company sold the 49% stake in its Ireland manufacturing facility to buyout firm Apollo Global Management in 2024 for $11.2 […]

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Inside TSMC’s new chip fab where Apple will make chips in the U.S.

admin December 19, 2024 0 Comments

Atop a newly completed, 3.5-million-square-foot building that stands on 1,100 acres in the Arizona desert north of Phoenix is a giant logo of a microchip wafer and the letters TSMC.  Taiwan Semiconductor Manufacturing Company’s first Arizona chip fabrication plant, or fab, is making history because it’s the most advanced chip fab on U.S. soil, and […]

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