Intel's stock on pace for biggest percentage gain in 2 months, after Israel deal

Shares of Intel Corp. rose 5.2% Tuesday, lifted by the announcement of a $25 billion investment in Israel.

Intel’s stock INTC notched its biggest daily percentage gain since Nov. 16, when it rose 6.8%. The S&P 500 index SPX rose 0.4% on Tuesday.

The chip giant’s investment comes after Intel secured $3.2 billion in incentives from Israel, according…

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