Intel stock soared on Wednesday, extending a recent run-up fueled by increasing confidence in its foundry business.
Intel reported $14.3B in revenue, a 7% sequential increase driven by Client Computing and Edge gains. Intel projects an 11-18% revenue decline, forecasting $11.7B to $12.7B due to seasonal weakness ...
Intel is rated Hold after a strong rally, as the stock now reflects both risks and potential rewards of its turnaround. INTC's transformation includes heavy investment in foundry operations, asset ...
Intel (NASDAQ: INTC) has been struggling mightily in recent years. Not only did it post a multibillion-dollar loss last year, but its top line also declined. While $53 billion is still a lot of ...
The unveiling of the AI PC chips during the Consumer Electronics Show (CES) in Las Vegas marked Intel’s first launch of a ...
Intel’s foundry business reported $7 billion in operating losses in 2023, with the business unit’s revenue totaling $18.9bn, a 31 percent decline from the $27.49bn it made in the year prior. However, ...
While Intel had an early lead with the MSI Claw 8 AI+’s Arc 140V iiGPU performance, the Asus ROG Xbox Ally X took the lead ...
Intel's self-inflicted wounds and mismanagement weakened its position and set the stage for the U.S. government's equity stake Intel CEO Lip-Bu Tan speaks at Intel Vision 2025 in Las Vegas in March.
Intel has revealed its 18A Panther Lake Core Ultra Series 3 laptop chips; preorders start January 6th, devices ship January ...
TL;DR: Intel is in early talks to manufacture AMD chips through its Intel Foundry Services, potentially shifting some production from TSMC to Intel's advanced process nodes like 18A and 14A. This ...
TL;DR: JPMorgan advises Intel to exit chip manufacturing and focus on expanding its foundry business, benefiting both Intel and TSMC. Intel faces challenges in scaling foundry operations while ...
Intel is reportedly expected to announce plans this week to reduce its workforce by more than 20 percent. The chipmaker’s new CEO, Lip-Bu Tan, has made no secret about his desire to quash bureaucracy ...