{"id":6301,"date":"2026-04-02T22:16:56","date_gmt":"2026-04-02T22:16:56","guid":{"rendered":"https:\/\/globalnewstoday.uk\/index.php\/2026\/04\/02\/stock-market-today-april-2-intel-rises-on-14-2-billion-fab-34-stake-repurchase-the-motley-fool\/"},"modified":"2026-04-02T22:16:56","modified_gmt":"2026-04-02T22:16:56","slug":"stock-market-today-april-2-intel-rises-on-14-2-billion-fab-34-stake-repurchase-the-motley-fool","status":"publish","type":"post","link":"https:\/\/globalnewstoday.uk\/index.php\/2026\/04\/02\/stock-market-today-april-2-intel-rises-on-14-2-billion-fab-34-stake-repurchase-the-motley-fool\/","title":{"rendered":"Stock Market Today, April 2: Intel Rises on $14.2 Billion Fab 34 Stake Repurchase – The Motley Fool"},"content":{"rendered":"

Intel rose after agreeing to repurchase Apollo\u2019s stake in its Fab 34 facility, restoring full ownership as investors look to quarterly results later this month for progress on margins and its foundry strategy.
Intel<\/strong> (INTC<\/a> +4.89%<\/span>)<\/span>, which designs and manufactures microprocessors and related technologies, closed Thursday at $50.38, up 4.89%. The stock advanced as investors responded to the $14.2 billion Fab 34 stake repurchase from Apollo and are watching how the move supports Intel\u2019s broader turnaround and foundry strategy.<\/p>\n

The company\u2019s trading volume reached 116.1 million shares, which is nearly 8.6% above compared with its three-month average of 107 million shares. Intel went public in 1980 and has grown 15,377% since its IPO.
S&P 500<\/strong> (^GSPC<\/a> +0.11%<\/span>)<\/span> inched up 0.11% to finish Thursday\u2019s session at 6,582.69, while the Nasdaq<\/a> Composite<\/strong> (^IXIC<\/a> +0.18%<\/span>)<\/span> added 0.18% to close at 21,879.18. Among semiconductors, industry peers Advanced Micro Devices<\/strong> (AMD<\/a> +3.36%<\/span>)<\/span> closed at $217.50 (+3.47%) and Nvidia<\/strong> (NVDA<\/a> +0.87%<\/span>)<\/span> ended at $177.39 (+0.93%), reflecting continued enthusiasm around chip demand.
Intel agreed to repurchase Apollo\u2019s 49% stake in its Fab 34 facility for $14.2 billion, restoring full ownership of the Ireland-based plant and strengthening control over a key manufacturing asset tied to its foundry strategy. The move helped lift shares, as it gives Intel greater control over the capacity needed to support AI and data center demand, even as the scale of the investment highlights the capital required to compete in advanced chip manufacturing.
Analysts have reiterated support for Intel\u2019s turnaround following the transaction, as ongoing AI and data center demand continues to drive utilization of its manufacturing network. Regaining full ownership of Fab 34 increases exposure to both potential upside and execution risk, particularly around margins and returns on large capital projects. Investors will be watching upcoming quarterly results later this month for evidence that higher utilization and demand are translating into improved profitability.<\/p>\n

Eric Trie<\/a> has positions in Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Intel, and Nvidia. The Motley Fool has a disclosure policy<\/a>.<\/em>
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source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Intel rose after agreeing to repurchase Apollo\u2019s stake in its Fab 34 facility, restoring full ownership as investors look to quarterly results later this month for progress on margins and its foundry strategy.Intel (INTC +4.89%), which designs and manufactures microprocessors and related technologies, closed Thursday at $50.38, up 4.89%. The stock advanced as investors responded […]<\/p>\n","protected":false},"author":1,"featured_media":6302,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-6301","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"_links":{"self":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/6301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/comments?post=6301"}],"version-history":[{"count":0,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/6301\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media\/6302"}],"wp:attachment":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media?parent=6301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/categories?post=6301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/tags?post=6301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}