---
title: "Intel shares jump 6% after plan to spin off AI chip-making arm"
url: https://diffcoin.com/intel-shares-jump-6-after-plan-to-spin-off-ai-chip-making-arm/
description: "Intel shares closed higher following a new plan to spin off its AI-focused foundry business into an independent subsidiary capable of raising outside…"
published: 2024-09-17
updated: 2024-09-17
author: "Mila"
site: "Diffcoin"
---

# 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.

[Source link](https://cointelegraph.com/news/intel-shares-jump-plans-spin-off-foundry-chipmaking-business?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)