Intel stock soars 9% after joining Musk’s high-stakes Terafab, Wedbush flags funding risks
Intel Corp (NASDAQ:INTC, XETRA:INL) shares climbed 9.1% Wednesday after the chipmaker announced it is joining Elon Musk’s Terafab project, but analysts caution that the deal’s long-term benefits depend heavily on how the partnership is structured. Wedbush analysts said the collaboration makes...