Intel rises, reportedly set to receive more government funding

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Intel (INTC) shares rose in early trading on Monday following a Bloomberg report that the chip giant will receive up to $3.5 billion in funding to make chips for the Defense Department. This would be in addition to the billions the company was awarded under the Chips and Science Act.

Morning Brief anchors Seana Smith and Madison Mills discuss the call in the video above.

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This post was written by Stephanie Mikulich.