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Stock Market Today, Sept. 16: Intel Jumps on SK Hynix Memory-Chip Manufacturing Talks
Source: Nasdaq
Analyst InsightsTrade Policy & Supply ChainTechnology & Innovation
Intel shares closed at $101.05, up 4.03%, driven by reports that it is in talks with SK Hynix to manufacture chips domestically in the U.S. for the first time. Analyst price-target increases added support, signaling improved investor confidence in Intel's foundry and semiconductor-manufacturing strategy.
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