Tag: MultibillionDollar

Turkey in talks with ExxonMobil over multibillion-dollar LNG deal

April 28 (Reuters) – Turkey is in talks with US energy giant ExxonMobil over a multibillion-dollar deal to buy liquefied natural gas, in an effort to curb its dependence on Russian energy, the Financial Times reported on Sunday. The country is seeking to build a “new supply portfolio” that will make it less reliant on […]

US lawmakers approve multibillion-dollar aid package for Ukraine and Israel

The House of Representatives has voted to approve 95 billion dollars in foreign aid for Ukraine, Israel and other US allies. Democrats and Republicans joined together after a months-long fight over renewed American support to help Ukraine repel Russia’s invasion. With overwhelming support, the House approved the Ukraine portion, a 61 billion dollar aid package, […]

Intel Is Building a Multibillion-Dollar AI Accelerator Business

Investors weren’t thrilled with chip-giant Intel‘s (NASDAQ: INTC) fourth-quarter report. While the company beat expectations across the board, its outlook for the first quarter was disappointing. Intel CEO Pat Gelsinger called the various headwinds facing the company in the first quarter temporary, but the market punished the stock, regardless. While Intel’s near-term fortunes are tied […]