US Stock Market Move | Continuous good news, Intel Corporation (INTC.US) rose over 5%.

22:44 17/09/2024

As of the time of writing, the stock has risen by over 5%, reaching $22.1.

On Tuesday, Intel Corporation (INTC.US) stock price rose, as of press time, the stock was up over 5%, trading at $22.1. Intel Corporation has been receiving positive news recently, not only finally meeting the qualifications to manufacture semiconductor components for the Pentagon, with a potential contract worth up to $3.5 billion to provide chips for the U.S. military, but also working on custom AI chips for Amazon.com, Inc.'s AWS, establishing a long-term product and wafer supply cooperation framework. Additionally, Intel Corporation plans to spin off its foundry business (IFS) as a subsidiary. Furthermore, Intel Corporation is striving to save cash flow by suspending projects at its factories in Poland and Germany for about two years and has already implemented over half of the plan to lay off 15,000 workers.

OURGAME (06899): Li Yangyang and Choi Shun have collectively sold 179 million shares of the company.

US Stock Market Move | Faraday Future Intelligent Electric, Inc. (FFAI.US) rose more than 5%. Its subsidiary FXSuperOne completed the first batch of complete sets of components procurement.

JST GROUP (06687): Hong Kong public offering oversubscribed by 1952.95 times, global offering raised approximately HK$1.9376 billion

OURGAME (06899): Li Yangyang and Choi Shun have collectively sold 179 million shares of the company.

US Stock Market Move | Faraday Future Intelligent Electric, Inc. (FFAI.US) rose more than 5%. Its subsidiary FXSuperOne completed the first batch of complete sets of components procurement.

JST GROUP (06687): Hong Kong public offering oversubscribed by 1952.95 times, global offering raised approximately HK$1.9376 billion