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Investors ignore red flags as Intel surges on share diluting $18 billion stake deals

Intel’s stock has pulled off one of the most counterintuitive rallies in recent Wall Street history. The chipmaker’s stock has surged nearly 90% since early August, according to Bloomberg, after sealing $18 billion worth of stake sales to the U.S. government, SoftBank Group, and Nvidia. The company, still losing money, is using these deals to refill […]