George Soros' investment fund Perry Management boosted its stake in Intel to 2.83 million shares worth $340.3 million in the third quarter, Reuters reports. At the end of June, the fund held only 100,000 shares of the company. The situation rose despite the recent decline in Intel, due to high production costs; Since the start of the year, shares have risen nearly 62% on the back of demand for AI processors. At the same time, the fund reduced its stake in Apple by 25.7%, and in ON Semiconductor by 92.7%.

George Soros' investment fund Perry Management boosted its stake in Intel to 2.83 million shares worth $340.3 million in the third quarter, Reuters reports. At the end of June, the fund held only 100,000 shares of the company. The situation rose despite the recent decline in Intel, due to high production costs; Since the start of the year, shares have risen nearly 62% on the back of demand for AI processors. At the same time, the fund reduced its stake in Apple by 25.7%, and in ON Semiconductor by 92.7%.