Intel shares jump 9% after buying back Ireland chip fab in sign of renewed strength

The semiconductor company will now wholly own Fab 34 after spending $14.2 billion to repurchase the 49% stake it sold to Apollo Global Management two years ago.

# Intel shares jump 9% after buying back Ireland chip fab in sign of renewed strength The semiconductor company will now wholly own Fab 34 after spending $14.2 billion to repurchase the 49% stake it sold to Apollo Global Management two years ago. **Read the full article:** [CNBC](https://www.cnbc.com/2026/04/01/intel-stock-ireland-stake-chip-factory.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*