Intel, Amazon
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.
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 reinvigorate its business.
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 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
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 ...
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.
Intel Corp. stock underperforms Wednesday when compared to competitors
Shares of Intel Corp. INTC shed 3.26% to $20.77 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.29% to 5,618.26 and Dow ...
Intel to spin off chip fab business unit as AWS signs up for custom AI chips
According to Gelsinger, spinning off Intel Foundry as a fully independent subsidiary will enable it to evaluate independent ...
What's Going On With Intel Stock On Tuesday?
Intel Corp (NASDAQ:INTC) stock maintained upward momentum on Tuesday, a day after CEO Pat Gelsinger clarified its ...
Albuquerque Journal1d
Report: Intel in Rio Rancho could benefit from new chips deal with federal government
Intel Corp. will produce chips for the U.S. Department of Defense, the company announced on Monday, which will greatly boost ...
Intel Corporation (NASDAQ:INTC): There is No Evidence of AI-Driven PC Refresh Cycle
We recently published a list of 10 AI News and Analyst Ratings You Should Not Miss. Since Intel Corporation (NASDAQ:INTC) ...
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 ...