The recent surge in SPACs might just go down in the annals of the investing world as a seismic event with a short run, alongside GameStop and other hot investing trends.
Dell Technologies Inc. struck a deal to sell its Boomi cloud business to private-equity firms Francisco Partners and TPG, part of a larger reordering of the PC and data-storage giant.
CEO Pat Gelsinger repeated his prediction that it'll take "a couple of years" before chip production catches up with demand, and said Intel is looking to build more of its chips in the U.S.