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Intel Stock Surges on $14.2B Ireland Fab Buyback as Chipmaker Signals Turnaround Momentum

Intel Stock Surges on $14.2B Ireland Fab Buyback as Chipmaker Signals Turnaround Momentum

Intel Corp. shares climbed more than 2.5% in early trading Tuesday as the semiconductor giant continues to ride optimism from a major deal that gives it full control of a key European manufacturing plant, part of a broader push to reclaim leadership in advanced chip production amid fierce AI competition.