---
schema_version: "secwatch.filing_event.v1"
accession: "0000050863-24-000110"
form_type: "8-K"
ticker: "INTC"
cik: "0000050863"
company_name: "INTEL CORP"
filed_at: "2024-06-14T23:59:59+00:00"
generated_at: "2026-06-01T04:28:06.278339+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Intel closes $11B sale of 49% stake in Ireland Fab 34 to Apollo affiliate

## Summary
- Closing occurred June 12, 2024; Apollo affiliate acquired 49% non-controlling interest.
- Intel retains 51% ownership of JV Company holding Fab 34.
- Transaction valued at approximately $11 billion; proceeds used for general corporate purposes.
- Fab 34 in Leixlip, Ireland produces wafers using Intel 4 and Intel 3 process technologies.
- Previously disclosed on June 4, 2024; conditions satisfied prior to closing.

## SEC filing metadata
- accession: 0000050863-24-000110
- form_type: 8-K
- ticker: INTC
- cik: 0000050863
- company_name: INTEL CORP
- filed_at: 2024-06-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50863/000005086324000110/0000050863-24-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50863/000005086324000110/intc-20240612.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000050863-24-000110
- JSON: https://secwatch.observer/filing/0000050863-24-000110.json
- Plain text: https://secwatch.observer/filing/0000050863-24-000110.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.