INTC Jul 2024 44.000 call
- Yahoo Finance
Australian ambassador: 'American model is proving its resilience' despite threat from Chinese industrial policy
China may be outspending the US when it comes to industrial policy in sectors like electric vehicles and semiconductors, but America is winning on innovation where it can’t on price, according to one China expert.
- Reuters
Intel nears $11 billion deal with Apollo for Ireland facility, WSJ reports
Intel and Apollo are in exclusive talks for the deal, which could be signed in the coming weeks, the report said, citing people familiar with the matter. Other investment firms including KKR and infrastructure investor Stonepeak were also in the running before Apollo recently pulled ahead, the report added. Intel and Apollo Global Management did not immediately respond to Reuters requests for comment.
- Bloomberg
Global Chips Battle Intensifies With $81 Billion Subsidy Surge
(Bloomberg) -- Superpowers led by the US and European Union have funneled nearly $81 billion toward cranking out the next generation of semiconductors, escalating a global showdown with China for chip supremacy.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyPutin Names Economist as Defense Minister in Surprise ReshuffleGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeIt’s the first w
