Category: Intel
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Nvidia Set to Replace Intel in the Dow Jones Industrial Average
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(Bloomberg) — Nvidia Corp., the chipmaker at the heart of the artificial intelligence boom, is joining the oldest of Wall Street’s three major stock benchmarks. Most read from Bloomberg The company will replace rival Intel in the 128-year-old Dow Jones Industrial Average before trading begins on Nov. 8, S&P Dow…
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Intel weighs up future of $650m Israeli acquisition Granulate
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There has perhaps never been a better time for Tal Siaj and Asaf Ezra, the entrepreneurs behind the Israeli cloud optimization solutions company granular. In 2022, they sold the company to Intel for $650 million, after raising just $45 million. In the same month, the US Federal Reserve raised interest…
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Intel weighs up future of $650m Israeli acquisition Granulate
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There has perhaps never been a better time for Tal Siaj and Asaf Ezra, the entrepreneurs behind the Israeli cloud optimization solutions company granular. In 2022, they sold the company to Intel for $650 million, after raising just $45 million. In the same month, the US Federal Reserve raised interest…
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In Israel Nvidia snaps up employees leaving Intel
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Several hundred employees at Intel Israel’s development centers in Haifa, Petah Tikva and Jerusalem will receive layoff notices this week, after thousands of their colleagues in the United States were laid off. In August, Intel announced that it would cut 15% of its workforce, cutting between 15,000 and 17,000 employees.…
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Intel Israel to lay off several hundred after holidays
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Intel’s downsizing is moving quickly. After completing the voluntary retirement phase, which allowed Intel employees to leave and receive a bonus of up to 19 salaries, the American chip giant has now moved to the next phase. Last Tuesday, according to reports in the US, Intel began firing more than…
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Qualcomm Said to Wait for US Election to Decide Intel Move
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(Bloomberg) — Qualcomm will likely wait until after the U.S. presidential election in November before deciding whether or not to pursue a bid for Intel, people familiar with the matter said. Most read from Bloomberg San Diego-based Qualcomm wants more clarity on the new occupant of the White House before…
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Apollo exec reveals thinking behind $11b Intel financing
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How has the trend of bank closures contributed to the development of the alternative investment market, what does the market include besides venture capital and private equity funds, and what does Apollo Asset Management offer to clients in Israel? Véronique Fournier, a senior manager at Apollo and responsible for the…
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Intel rejects Arm’s approach for product division, Bloomberg News reports By Reuters
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(Reuters) – Arm Holdings approached Intel (NASDAQ:) about potentially acquiring the company’s products division but was told the business was not for sale, Bloomberg News reported on Thursday. The British chip company has not expressed interest in Intel’s manufacturing operations, the report added, citing a person familiar with the matter.…
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Intel launches Habana Labs Gaudi 3 AI accelerator
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Intel today unveiled its next-generation AI solutions with the launch of the Xeon 6 and Habana Labs Gaudi 3 AI processors, in another bid to capture a significant share of the AI chip market. The Xeon 6 is the last word in the server and supercomputer market, and is a…
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Intel Markets soars with $1m Quantum AI research grant as XRP, LINK sinks
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Ripple’s never-ending drama takes a new turn, Chainlink sparks outflows after token unlock, Intel Markets gains attention. The cryptocurrency market is a high-stakes game, and the stakes have never been…
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Intel Markets soars with $1m Quantum AI research grant as XRP, LINK sinks
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Ripple’s never-ending drama takes a new turn, Chainlink sparks outflows after token unlock, Intel Markets gains attention. The cryptocurrency market is a high-stakes game, and the stakes have never been…
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Apollo eyes $5 billion investment in Intel, Bloomberg News reports By Reuters
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(Reuters) – U.S. asset manager Apollo Global Management Inc (NYSE:) has offered to invest up to $5 billion in Intel Corp (NASDAQ:), Bloomberg News reported on Sunday. Apollo has indicated in recent days that it is prepared to make a multibillion-dollar equity-like investment in Intel, the report said, citing a…
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Intel stock jumps on Qualcomm’s takeover approach
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Intel shares rose after the Wall Street Journal reported that Qualcomm Inc. had approached the company about acquiring it, a potential record deal for the chipmaker. The discussions took place in recent days, the newspaper reported, citing people familiar with the situation. However, a deal is not certain, according to…
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Qualcomm has approached Intel about a takeover in recent days
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Intel shares rose 5.82% after reports from the Wall Street Journal that Qualcomm approached the company about acquiring it in recent days. Intel shares are down in 2024 from a year-end close of $50.25. The current price is up $1.23, or 5.82%, at $22.37 in volatile trading. The year-to-date low…
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Qualcomm has approached Intel about a takeover in recent days
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Intel shares rose 5.82% after reports from the Wall Street Journal that Qualcomm approached the company about acquiring it in recent days. Intel shares are down in 2024 from a year-end close of $50.25. The current price is up $1.23, or 5.82%, at $22.37 in volatile trading. The year-to-date low…
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Qualcomm approached Intel about a takeover in recent days, WSJ reports By Reuters
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(Reuters) – Qualcomm Inc has made a $300 billion takeover bid for chipmaker Intel Corp in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel shares closed up 3.3%, while Qualcomm (NASDAQ:) shares fell 2.9%. Qualcomm has a market cap of $188 billion,…
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Qualcomm approached Intel about a takeover in recent days, WSJ reports By Reuters
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(Reuters) – Qualcomm Inc has made a $300 billion takeover bid for chipmaker Intel Corp in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel shares closed up 3.3%, while Qualcomm (NASDAQ:) shares fell 2.9%. Qualcomm has a market cap of $188 billion,…
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Multichain Intel Markets becomes leading choice for AAVE, ADA traders post-FOMC
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Shares of Intel Markets, a leading AI-powered trading platform, surged to $370,000 after the FOMC meeting, as Cardano and AAVE traders got involved in the project. The cryptocurrency market is…
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Multichain Intel Markets becomes leading choice for AAVE, ADA traders post-FOMC
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Shares of Intel Markets, a leading AI-powered trading platform, surged to $370,000 after the FOMC meeting, as Cardano and AAVE traders got involved in the project. The cryptocurrency market is…
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Intel declares no plans to divest Mobileye majority stake
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Advanced Driving Assistance Systems (ADAS) Stock Price Mobily International Company Intel (NASDAQ: MBLY) shares rose 8% in premarket trading after Intel Corp. (NASDAQ: INTC) said it has no plans to sell its majority stake in the Israeli company. “As the majority shareholder of Mobileye, Intel remains focused on creating value…