(Il Sole 24 Ore Radiocor) - Milano, 1 apr - Intel said it had agreed to repurchase the 49% stake it had sold to Apollo Global Management in its Ireland chip factory for 14.2 billion dollars.

The agreement allows Intel to take full ownership of the plant as its finances improve and AI drives demand for its processors.

In 2024, Apollo-managed funds had invested 11.2 billion dollars to acquire a 49% equity interest in a joint venture entity related to Intel's Fab 34, providing Intel with.

equity-like capital while preserving balance sheet strength.

(RADIOCOR) 01-04-26 16:53:59 (0560) 5 NNNN