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Intel's Foundry Finally Has Some Good News. Has the Chipmaker Learned Its Lesson?
The Intel bulls have been a bit desperate for some good news to counter all the negativity for some time now. They recently got some in the form of two new announcements about Intel's foundry division. The news sparked a 9.2% jump in the stock price over two days (Sept. 16-17).
Intel’s Latest Plans Send Its Stock Soaring—What You Need To Know
Intel shares surged in extended trading Monday after CEO Pat Gelsinger offered an update on the company’s plans to cut costs and bolster its manufacturing business.
Intel finally gives Wall Street good news
Gelsinger announced that Intel has entered into an agreement with Amazon Web Services that will see the chipmaker produce custom chips for the cloud computing giant. The CEO also said that Intel will transform its Foundry business into a subsidiary company with independent directors.
Huge News for Intel Stock Investors
Fool.com contributor Parkev Tatevosian discusses the latest developments for Intel (NASDAQ: INTC) stock investors. *Stock prices used were the afternoon prices of Sept. 16, 2024. The video was published on Sept.
Techno-Science.net
5h
Intel Lunar Lake vs Snapdragon X Elite: Battle of Efficiency and Performance
Compare Intel Lunar Lake vs Snapdragon X Elite in a showdown of efficiency and performance. See how they stack up in power, ...
6h
Morgan Stanley latest to downgrade ASML on China, memory, Intel concerns
Morgan Stanley on Friday downgraded earnings estimates for computer chip equipment maker ASML , the latest brokerage to do so ...
3d
on MSN
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 ...
3d
Intel, Aiming to Reverse Slump, Unveils New Contracts and Cost Cuts
The chipmaker, which has been struggling, said on Monday that it obtained a new government grant, signed a contract with ...
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, ...
3h
Save Over $1,200 Off the Lenovo Legion 7 Intel Core i9 RTX 4080 SUPER Gaming PC (New Price Drop)
Lenovo has dropped the price of its powerful Lenovo Legion Tower 7i Gen 8 RTX 4080 SUPER gaming PC to only $2193.07 after ...
ExtremeTech on MSN
4d
Intel Is Allegedly Working on an Entirely New x86 Architecture Named Cobra Core
Intel is reportedly trying out several new technologies to drastically improve single-core performance in upcoming ...
10d
Intel’s new gaming CPU prices just leaked, and they look promising
The price of each Intel Core Ultra 200 Arrow Lake desktop CPU has been inadvertently revealed by two retailers, as well as ...
1d
Intel says it has no plans to divest majority stake in Mobileye
Struggling chipmaker Intel said on Thursday it had no plans to divest a majority stake in Mobileye , sparking an 8% rise in ...
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