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Intel, Amazon
Intel Gains After Landing Amazon Deal, Preparing Factory Split
Intel Corp. shares surged for the second straight day after the troubled chipmaker made a raft of announcements, spurring optimism that a turnaround plan is starting to bear fruit.
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvig
Intel stock surges 14% on AI chip deal with Amazon
The two companies will co-invest in making "fabric chips" that will be built in a new factory under construction outside Columbus, Ohio.
Intel Lands Amazon Chip Deal Amid Foundry Split, Plant Pullback
Intel Corp. has made a raft of announcements over the past 24 hours in an effort to prove that a turnaround for the troubled chipmaker is starting to bear fruit.
Intel splits off foundry business — new dawn for chip giant as it announces major transformation plans
The most significant transformation of Intel in over four decades” includes $10 billion in cost cutting and foundry business spinoff.
Intel shares soar nearly 8% after multibillion-dollar chip deal with Amazon
EDT, Intel shares were at $21.62, up $0.70 or 3.37 per cent. On Monday, Intel shares had gained 6.4 per cent. The deal provides some respite to Intel's investors as the chipmaker’s shares had fallen nearly 60 per cent this year.
Intel to produce semiconductor chips for Amazon Web Services at New Albany plant
The partnership, which the companies describe as a multi-year, multi-billion-dollar co-investment, comes as Intel continues to build out its $28 billion chip manufacturing complex in New Albany.
Intel's Amazon chip deal lifts investor confidence in money-losing foundry unit
Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal with Amazon's cloud business provided a major stamp of approval for its struggling contract manufacturing business. The chipmaker will build custom AI chips for Amazon Web Services (AWS) as part of the multibillion-dollar deal.
Intel’s German Plant Delay Lands a Blow to EU’s Chip Ambitions
Intel Corp.’s decision to postpone its planned factory in Germany marks a setback for the European Union’s semiconductor ambitions and will reignite controversy in Berlin over where to allocate €10 billion ($11 billion) in earmarked subsidies.
Mobileye, Intel
Mobileye shares jump as Intel confirms no plans to divest majority stake
Shares in automotive chip maker Mobileye Global Inc. jumped nearly 15% today after its majority shareholder, Intel Corp., said that it has no plans to divest its interest in the company.
Intel Says It Won’t Sell Majority Stake in Mobileye
Mobileye Global shares surged the most in nearly two years after Intel said it isn’t “currently” preparing to unload its majority stake in the maker of autonomous driving technology.
Mobileye’s stock surges as Intel gives this reassuring sign
Mobileye and Intel shares have both been under heavy pressure this year, but Intel says it has no current plans to sell its majority stake, as some had feared.
1h
on MSN
Jim Cramer on Intel Corporation (INTC): It ‘Doesn’t Have The Money To Build Out Everything It Wants To Or Even What It’s Committed To Building’
We recently compiled a list of the Jim Cramer’s Top 12 Must-Watch Stocks. In this article, we are going to take a look at ...
Seeking Alpha
20h
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 ...
2d
on MSN
Intel Corp. stock outperforms competitors on strong trading day
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...
bovnews
15h
What’s Fueling Intel Corp (INTC) Stock’s -41.78% Loss Below Its 200-Day SMA?
On Wednesday, Intel Corp (INTC) stock saw a decline, ending the day at $20.77 which represents a decrease of $-0.70 or -3.26% from the prior close of $21.47. The stock opened at $21.36 and touched a ...
Albuquerque Journal
1d
Report: Intel in Rio Rancho could benefit from new chips deal with federal government
It isn’t clear if the new contract with the federal government, which will provide $3 billion in direct funding to Intel, ...
Opinion
3d
on MSN
Opinion
Opinion: Why Intel’s latest move for its foundry business is so significant
Intel Corp.’s plans to create an independent subsidiary for its foundry business was a much-needed move aimed at convincing ...
Morningstar
1d
Intel's stock ranks dead last in the chip sector by this measure
18 price Consensus price target Implied 12-month upside potential
Intel
Corp
. INTC 7% 78% 15% $20.77 $25.10 21% Diodes Inc. DIOD 17% 66% 17% $59.07 $74.67 26% SolarEdge Technologies Inc. SEDG 17% ...
3d
Intel awarded up to $3 billion from US for national security related chip production
Shares of Intel were 4% after the announcement. The administration's focus on the Secure Enclave reflects a broader strategy ...
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.
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