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Benzinga
Benzinga
Business
Ananya Gairola

Trump's $11 Billion Intel Investment Doesn't Guarantee Tech Gain But Prevents Valuation 'Pain,' Says Leading Analyst

Santa,Clara,,Ca,,Usa,-,Nov,22,,2023:,Intel,Corporation's

Analyst Ming-Chi Kuo says President Donald Trump's $11 billion stake in Intel Corporation (NASDAQ:INTC) is a strong vote of confidence in the chipmaker's future but cautions that the investment won't immediately resolve its lag in advanced semiconductor technology.

Kuo: Deal Raises Intel's Valuation Floor

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