Intel could be finding its footing after big Nvidia deal. An options trade to ride out more gains

Intel could be finding its footing after big Nvidia deal. An options trade to ride out more gains

After Intel and the Trump administration reached a historic agreement a month ago, the U.S. government invested $8.9 billion in Intel common stock, the beleaguered chip maker seemingly became stabilized. INTC then saw a nearly 23% pop Thursday after news broke of Nvidia, the world’s leading chipmaker, investing $5 billion in Intel and committing to…

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