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Intel shares jump 6% after plan to spin off AI chip-making arm

Intel shares closed higher following a new plan to spin off its AI-focused foundry business into an independent subsidiary capable of raising outside funding.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Intel shares jump 6% after plan to spin off AI chip-making arm

Intel shares closed higher following a new plan to spin off its AI-focused foundry business into an independent subsidiary capable of raising outside funding. 

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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