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Category: Intels

  • Trump may not support foreign firm operating Intel’s US factories -White House official says

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    Investor Empires

    Written by Archia Bajwa A White House official told Reuters that the presidential administration, Donald Trump, may not support the American Intel chips factories run by a foreign entity. The comment was in response to the Bloomberg report that TSMC Taiwan, the world’s largest chip maker, was considering taking a…

  • Intel’s Stock Just Did Something It Hasn’t Done Since 2022

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    Investor Empires

    The past two years have been great for semiconductor stocks. Well, most semiconductor stocks, they are. Since OpenAI introduced ChatGPT to the world on November 30, 2022, shares have soared Nvidia and Advanced micro devices They increased by 721% and 83%, respectively. By contrast, peer-chip stocks Intel (Nasdaq: INTC) It…

  • Intel’s Sales Slump Shows Price of Falling Behind in AI Race

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    Investor Empires

    (Bloomberg) — Intel Corp. shares fell more than 19% after delivering a slew of dizzying news, including a bleak growth outlook and plans to cut 15,000 jobs, in the latest sign the chipmaker is ill-equipped to compete in the age of artificial intelligence. Most Read from Bloomberg The company said…