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Intel, Amazon
Intel Stock Rebound After Over 50% Decline with New Foundry Plans
Intel, (NASDAQ:INTC),has faced significant challenges in 2024, with shares plummeting over 57% while the S&P 500 has risen approximately 18%. The company’s struggles primarily stem from its underperforming foundry business, which manufactures chips both fo...
Intel shares jump on chip deal with Amazon
Intel’s partnership with AWS is part of the chipmaker’s attempt to play catch-up. The new deal, along with a $3 billion grant from the US government to boost domestic chip making and make chips for the US military, “demonstrates the continued progress we are making to build a world-class foundry business,” Intel said in the statement.
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
CEO Pat Gelsinger said in a message to employees late Monday that Intel will create an AI fabric chip for Amazon's cloud services division at its foundry business, a struggling division that he said would become a subsidiary of Intel.
2d
Intel splits its struggling foundry division into an independent subsidiary
Intel CEO Pat Gelsinger informed employees that the company is transforming its foundry arm into an independent subsidiary, ...
14h
on MSN
House Intel chmn. on foreign hackers targeting Trump team
Sheriff: Secret Service agent spotted rifle barrel through fence and engaged with now-detained person Authorities release ...
Seeking Alpha
1d
Intel: Gelsinger's Optimism Isn't Enough To Turn Around Its Sinking Ship
Intel
Corporation (NASDAQ:INTC) (NEOE:INTC:CA) investors have endured a challenging two months, although its bearish ...
SchaeffersResearch.com
3d
Intel Stock Moves Higher on Billion-Dollar Federal Grant
Intel Corp (NASDAQ:INTC) stock was last seen up 3.8% at $20.40, after Bloomberg reported the chip name qualified for $3.5 ...
21h
Mobileye Jumps After Intel Says It Won’t Sell Majority Stake
Mobileye Global Inc. shares surged the most in nearly two years after Intel Corp. said it isn’t “currently” preparing to ...
1d
Intel's Rebound: Why I Am Skeptical
Intel stock remains a hold despite being at multi-year lows due to poor earnings, weak guidance, and management struggles.
SchaeffersResearch.com
22h
Mobileye Stock Pops After Intel Reassurance
Autonomous driving stock Mobileye (MBLY) is surging higher today after assurances from majority stakeholder Intel (INTC) ...
7d
on MSN
A $280 billion question: Is it worth saving Intel?
Intel may not receive more funding as part of the CHIPS Act. The company is struggling both on the financial and ...
Liliputing
1d
Lilbits: Intel Foundry to operate as a subsidiary, HTC Vive Focus Vision XR is a premium headset, and Bose unveils “Personal Surround Sound”
Lilbits: Intel Foundry to operate as a subsidiary, HTC Vive Focus Vision XR is a premium headset, and Bose unveils "Personal ...
5h
Intel: A Perfect Example Of Why 'Cheap' Doesn't Always Mean 'Buy'
Intel appears extremely cheap, trading below book value, but lacks the necessary catalysts to justify an investment. See why ...
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