Category: Intel
-
Intel delays $28 billion Ohio chip factories to 2030
•
(Reuters) -The stalled chips maker said on Friday that the promised chips manufacturing factories promised 28 billion dollars in Ohio are facing more delay, as it is now expected to be completed by the first factory in New Albanian by 2030 only. The company said that the first factory will…
-
Intel stock posts biggest five-day gain in history amid report of potential breakup
•
Intel (INTC) jumped by 16 % on Tuesday after a report that its competitors (AVGO) and TSMC (TSM) explore potential deals with the chips maker that would divide them into two parts. The Wall Street Journal reported late on Saturday Broadcom (AVGO) He is considering submitting an Intel productsIt designs…
-
Intel Stock Jumps Following Fresh Reports of Possible Broadcom, TSMC Deals
•
Maymo / Getty Images Intel shares rose on Tuesday morning after weekend reports that Broadcom and TSMC competitors are thinking about the bidding of the chip maker. Broadcom will focus on Intel chips, while TSMC is studying its factories. Reports follow months of similar speculation as Intel shares declined in…
-
Intel stock posts biggest five-day gain in history amid report of potential break-up
•
Intel (INTC) jumped by 16 % on Tuesday after a report that its competitors (AVGO) and TSMC (TSM) explore potential deals with the chips maker that would divide them into two parts. The Wall Street Journal reported late on Saturday Broadcom (AVGO) He is considering submitting an Intel productsIt designs…
-
Intel Israel fate uncertain amid sale talks with TSMC, Broadcom
•
Intel Frank Yery was in dramatic conversations with senior Trump administration officials because the evidence indicates that the chip maker is likely to be dismantled and sold. According to “The New York Times”, Yeari, US Trade Minister Howard Lutenic and senior executives from TSMC (Taiwan semi -Mosul), met the sale…
-
Why Intel Stock Is Skyrocketing Today
•
shares Intel (Nasdaq: intc) It increased by 8.4 % as of 1:45 pm Each time on Thursday after gaining up to 10.5 % earlier in the session. at that time , S & P 500 It was 0.5 % and Nasdak It gained 0.8 %. Reports appeared on Wednesday that…
-
Intel Israel CEO named interim head of DCAI
•
Karen Epsitz Seagal, CEO of Intel Israel, was appointed as temporary head of the Intel Data and Artificial Intelligence Center (DCAI), the third most important position in the American chips maker. DCAI is one of the most important sections in the company that is assigned to develop a competitive solution…
-
AMD vs. Intel Stock: Better Semiconductor Turnaround Candidate
•
Meanwhile, many chips made a convincing performance in 2024, Intel (Nasdak: INC) and Advanced micro -devices (Nasdak: AMD) It was not between them. Intel shares decreased by 60% last year, while AMD shares decreased by 18%. Let’s check any semiconductor stocks, which seems to be the best candidate for recovery…
-
Intel Stock Soars as Takeover Speculation Spreads
•
Justin Sullivan/Getty Images The S&P 500 jumped 1% on Friday, January 17, 2025, heading into a three-day weekend higher as expectations for additional interest rate cuts in 2025 rebound. Intel shares took off after reports that the semiconductor giant could be a takeover target. Shipping company J.B. Hunt reported lower-than-expected…
-
Intel Stock Soars as Takeover Speculation Spreads
•
Justin Sullivan/Getty Images The S&P 500 jumped 1% on Friday, January 17, 2025, heading into a three-day weekend higher as expectations for additional interest rate cuts in 2025 rebound. Intel shares took off after reports that the semiconductor giant could be a takeover target. Shipping company J.B. Hunt reported lower-than-expected…
-
Intel to spin off venture capital arm
•
Intel is parting ways with another asset in the company’s shake-up over the past year, as its management seeks to focus on its core business. The chip company is spinning off its venture capital arm Intel Capital, which is active in Israel, where its portfolio includes Amnon Shashua’s artificial intelligence…
-
Intel to Turn Venture Arm Into Separate Firm With New Name
•
(Bloomberg) — Intel Inc., the once-dominant chipmaker struggling to revitalize its business and finances, plans to spin off its venture capital arm into a separate fund with a new name. Most read from Bloomberg The chipmaker will remain a “major investor in the new company,” according to a statement issued…
-
Tower flourishes after Intel deal cancellation
•
Nearly three years ago, in February 2022, US chip giant Intel announced that it would buy Israeli company Tower Semiconductor (TASE: TSEM, Nasdaq: TSEM) for $5.4 billion. The deal was eventually cancelled, in the summer of 2023, after the companies failed to obtain approvals from the Chinese regulatory body in…
-
Intel to spin off RealSense as Israel-based startup
•
In August 2021, even before major rounds of layoffs, Intel announced that it would shut down its RealSense 3D depth camera division based on its acquisition of several Israeli startups, most of whose employees were in Israel. Some employees were laid off but the activity was not stopped but kept…
-
How innovation died at Intel as it faces an uncertain future as America’s only leading-edge chip manufacturer
•
Shares of the once iconic chipmaker plummeted 60% in 2024. The company posted the biggest loss in its 56-year history in its latest quarterly earnings report. Its market cap has dropped 80% since 2000 — when it was one of the most valuable companies in the world. But company insiders…
-
Super Micro Computer vs. Intel
•
This has been a great year for many companies, especially technology companies working in the field of artificial intelligence (AI). They led gains in all three indices, from Standard & Poor’s 500 and Nasdaq to Dow Jones Industrial Average. In fact, a new member of Dao Nvidia It is on…
-
Intel Says It’s an Open Question Whether to Break Up Company
•
(Bloomberg) — Intel Corp. Chief Financial Officer Dave Zinsner said a formal separation of the company’s factory and product development divisions is an open question that will be decided by the chipmaker’s next leader. Most read from Bloomberg Zinsner, who serves as interim co-CEO after Pat Gelsinger was ousted this…
-
Intel Considers Outsiders for CEO, Including Marvell’s Head
•
(Bloomberg) — Intel Corp.’s research will focus… About a new CEO is largely on the outside, as the chipmaker considers candidates such as the head of Marvell Technology Inc. Matt Murphy and former CEO of Cadence Design Systems Inc. Lip-Bu Tan, according to people familiar with the situation. Most read…
-
Staunch Israel supporter Pat Gelsinger steps down as Intel CEO
•
Pat Gelsinger is stepping down as CEO of microchip giant Intel, which employs nearly 10,000 people in Israel, after four years in the job. Gelsinger will be replaced by two vice presidents who will jointly run the company as interim CEOs until a permanent replacement is found: CFO David Zinsner…
-
Over 1,000 Intel Israel employees leave the company
•
The hallways at Intel’s Israel development center are quieter these days, as the largest wave of layoffs the company has ever known comes to an end and those remaining get used to the new reality. Former Intel Israel employees told Globes that the situation at the chipmaker is a complex…