Intel, Box, Microstrategy, Marvell Technology by Investing.com

Stock moves by schedule:

Intel (NASDAQ: ) rose 8% after it and Amazon Web Services. Inc. (AWS) announced a co-investment in custom chip designs under a multi-year, multi-billion dollar framework covering products and wafers from Intel. Separately, Intel said it plans to develop Intel Foundry production more efficiently. Shares rose 6% during the regular session after the Biden-Harris Administration announced that Intel received up to $3 billion in direct funding under the CHIPS and Science Act for the Secure Enclave program.

Marvell Technology (NASDAQ: ). ( MRVL ) fell 2.8% following Intel’s deal with AWS.

Box (BOX) fell 5% after announcing plans to offer, subject to market conditions and other factors, an aggregate of $400 million of senior convertible notes due 2029 in a private placement to buyers qualified institutional.

Microstrategy (NASDAQ: ) fell 1% after announcing plans to offer an aggregate of $700 million of senior convertible notes due 2028 in a private offering to persons reasonably believed to be buyers qualified institutional.

The dynamics of steel (NASDAQ: ) fell 2% after lowering third-quarter guidance due to lower average realized prices in its rolled operations.