Today's Morning Movers and Top Ratings: INTC, UPS, NIO, SNPS and More

$Intel (INTC.US)$ The semiconductor stock climbed 2.2% on news that Israel's government agreed to grant Intel $3.2 billion for a new $25 billion chip plant the company plans to build in southern Israel. That makes the investment the largest ever by a company in Israel, Reuters reported.

$Manchester United (MANU.US)$ Shares of the soccer club rose 4.3% after British billionaire Jim Ratcliffe finalized a deal to buy a quarter of Manchester United. Ratcliff will pay $33 per share. Shares closed at $19.84 on Friday.

$Bristol-Myers Squibb (BMY.US)$ The biopharma stock edged higher after the company said on Tuesday it will acquire radiopharmaceutical firm RayzeBio for about $4.1 billion, or $62.50 per share in cash. RayzeBio's shares soared 99% ahead of the deal announcement.

$NIO Inc (NIO.US)$ Shares of the Chinese electric carmaker jumped 4% after Nio announced a flagship sedan at its annual customer event on Saturday. Nio's new vehicle is planned to rival Porsche AG's Panamera series and Mercedes-Benz Group AG's luxury S range.

$Synopsys (SNPS.US)$ , $Ansys (ANSS.US)$ Shares of Synopsys plunged 6.3% while Ansys gained more than 18%. Synopsis, which provides software used in chip design, submitted an offer to acquire software maker Ansys.