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Intel agrees to pay $14.2B to repurchase Apollo's 49% stake in the Fab 34 joint venture in Leixlip, Ireland, and plans to issue $6.5B in new debt to fund it (Ian King/Bloomberg)

Upstract [Unofficial] April 1, 2026
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Ian King / Bloomberg: Intel agrees to pay $14.2B to repurchase Apollo's 49% stake in the Fab 34 joint venture in Leixlip, Ireland, and plans to issue $6.5B in new debt to fund it — Intel Corp., the chipmaker aiming to restore its manufacturing prowess, agreed to pay $14.2 billion to buy back half…

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