Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from INTC

Former Intel Executive Founded Chipmaker Confidentially Files For US IPO

Former Intel Corp (NASDAQ:INTC) President founded chipmaker Ampere Computing has confidentially filed for a U.S. initial public offering, Reuters reports. Founder Renee James, who serves as Ampere's CEO, also is a board member of Citigroup Inc (NYSE:C) and Oracle Corp (NYSE:ORCL). Chip demand surged during the pandemic with the shift to remote work with GLOBALFOUNDRIES Inc (NASDAQ:GFS) making its public debut. However,…

Benzinga

3 No-Brainer Semiconductor Stocks to Buy Instead of NVIDIA

Slowing demand in the PC market and deepening supply chain constraints worldwide have affected the sales of prominent semiconductor chipmaker NVIDIA (NVDA), making its overvalued stock susceptible to a price pullback. However, innovations in the chip manufacturing process, rising corporate and government investments to ramp up production, and an overall…

StockNews.com

5 Best Mega-Cap Stocks in the Tech Sector to Buy in April

The stock market began the week on a positive note, with traders buying technology shares, shrugging off concerns about an impending recession. This activity has been driven in-part by the decline in stock valuations in the first quarter, which provides an attractive tech-buying opportunity. Hence, we think mega-cap tech stocks…

StockNews.com

From analysis to the latest developments in health,
read the most diverse news in one place.

Intel CEO Looks To Meet TSMC On His Asia Visit To Meet Customers, Suppliers

Intel Corp (NASDAQ:INTC) CEO Pat Gelsinger is visiting Asian customers and suppliers in Japan, Taiwan, and India, Bloomberg reports. Gelsinger also looks to meet leading contract chipmaker and client Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM). Intel depends on Tokyo Electron Ltd (OTC:TOELY) for chipmaking equipment. Also Read: Nvidia Weighs Intel As Chip Making Foundry, Intel Shares Its Ambitious…

Benzinga

Intel To Scoop Granulate Cloud Solutions In $650M Deal

Intel Corp (NASDAQ:INTC) agreed to acquire Granulate Cloud Solutions Ltd. The deal is worth $650 million, Tech Crunch reports. Granulate is an Israel-based developer of real-time continuous optimization software. The acquisition would help cloud and data center customers maximize compute workload performance and reduce infrastructure and cloud costs. Intel Datacenter and AI Group EVP…

Benzinga

Here's How Much Intel CEO Pat Gelsinger Earned Versus Average Worker Compensation In 2021

Intel Corp (NASDAQ:INTC) CEO Pat Gelsinger has earned 1,711 times as much as the average worker at the U.S. chipmaker since he joined in February 2021. Former CEO Bob Swan had earned 217 times more than the average Intel employee in 2020. Gelsinger earned $178.6 million in 2021, with stock awards accounting for 79% of…

Benzinga

4 Surging Dow Jones Stocks to Add to Your Watchlist

Despite volatile market conditions currently, owing in varying degrees to the Russia-Ukraine crisis and a hawkish Fed, a continuing economic rebound is still expected by many experts. With the slight easing of investor concerns, the Dow Jones Industrial Average has witnessed a solid recovery since mid-March. So, we think it…

StockNews.com

Read news from The Economist, FT, and more,
with one subscription

What's Behind The Move In Intel Stock Today?

Intel Corp (NASDAQ: INTC) shares are trading higher Thursday following several reports the company is in talks with NVIDIA Corp (NASDAQ: NVDA) to assist with chip manufacturing.

Benzinga

Nvidia Weighs Intel As Chip Making Foundry

NVIDIA Corp (NASDAQ:NVDA) looked to explore Intel Corp (NASDAQ:INTC) as a foundry for making its chips, Reuters reports citing CEO Jensen Huang. “They’re interested in us using their foundries. We’re very interested in exploring it,” Huang said. However, foundry discussions take a long time as it’s about integrating supply chains and not like “buying milk.”…

Benzinga

Germany Could Offer Intel €5B Subsidy For €17B Chip Plant: Bloomberg

Germany looks to offer Intel Corp (NASDAQ:INTC) with a grant of over €5 billion ($5.5 billion) in public funds to build a massive semiconductor plant, Bloomberg reports. The final subsidy is subject to the approval of the European Commission. Related Content: Global Efforts To Reduce Semiconductor Dependence Will Further Exacerbate Crisis: Bloomberg Intel looks…

Benzinga

Intel Shares Its Ambitious EU Expansion Plans

Intel Corp (NASDAQ:INTC) announced the first phase of its plans to invest up to €80 billion in the EU over the next decade. Intel plans to invest €17 billion into a leading-edge semiconductor fab mega-site in Germany, a new R&D and design hub in France, and R&D, manufacturing, and foundry services in Ireland,…

Benzinga

3 Top Rated Semiconductor Stocks with Dividend Yields More Than 3%

Despite the burden of escalating global tensions on investor sentiment, the semiconductor sector continues to thrive because the demand for semiconductor chips in electric vehicles and other consumer electronics is robust. So, we think high-yielding semiconductor stocks Intel (INTC), ASE Technology (ASX), and ChipMOS (IMOS) could be great bets now…

StockNews.com

5 U.S. Semiconductor Stocks to Buy on Biden Push for $50 Billion in Government Subsidies

The U.S. semiconductor industry has been gearing up for an impressive rebound with the continued increase in demand and robust federal investments to ramp up production. Therefore, it could be wise to bet on quality semiconductor stocks Intel (INTC), Micron Technology (MU), ON Semiconductor (ON), Rambus (RMBS), and SMART Global…

StockNews.com

Intel's Autonomous Car Driving Unit Confidentially Files For US IPO

Intel Corp's (NASDAQ:INTC) self-driving car unit, Mobileye, has confidentially filed paperwork for a U.S. IPO, Reuters reports. The IPO could value the Israeli unit at over $50 billion. Intel acquired Mobileye for $15.3 billion in 2017 to fire up rivalry with Nvidia Corp (NASDAQ:NVDA) and Qualcomm Inc (NASDAQ:QCOM) in developing driverless systems for automakers. Intel CEO Pat Gelsinger…

Benzinga

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

Here's Why Morgan Stanley Prefers Globalfoundries Over Intel

Morgan Stanley analyst Joseph Moore upgraded Globalfoundries Inc (NASDAQ:GFS) to Overweight from Equal Weight with a price target of $72.50, up from $70 (21.64% upside). Moore downgraded Intel Corp (NASDAQ:INTC) from Equal-Weight to Underweight and announced a $47 price target (3.83% downside). Moore prefers GlobalFoundries over Intel, given his view that the former acts as a hedge against the…

Benzinga

Italy Leans On Intel, Other Chipmakers To Boost Capacity

Italy looks to earmark over €4 billion ($4.6 billion) until 2030 to boost domestic chip manufacturing as it seeks to attract more investment from tech companies like Intel Corp (NASDAQ:INTC), Reuters reports. Brussels has made available €15 billion in additional public and private investment by 2030, on top of €30 billion of public…

Benzinga

Looking At Intel's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Intel (NASDAQ:INTC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

What Are Whales Doing With Intel

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

What Do Analysts Think About Intel After Tower Semiconductor Deal

Analysts had mixed views on Intel Corp (NASDAQ:INTC) after yesterday's reports about Intel nearing a deal to acquire Tower Semiconductor Ltd (NASDAQ:TSEM) for $6 billion. Northland analyst Gus Richard said such a deal would "make a lot of sense" and be a good one for Intel shareholders based on his estimate that it would cost $13…

Benzinga

Read Why TSMC's US Chip Plant Construction Falls Behind Schedule

Taiwan Semiconductor Manufacturing Co Ltd's (NYSE:TSM) advanced chip plant debut in the U.S. is three to six months behind schedule, Nikkei Asia reports. TSMC planned to move in chip production equipment by around September 2022 but decided to postpone to around February or March 2023. The deferral was mainly due to labor…

StockNews.com

3 Tech Stocks Trading Near 52-Week Lows to Scoop Up Now: Intel, Veeva Systems, and Qorvo

The technology sector has enjoyed enviable investor attention over the past two years. And the industry is expected to remain in the limelight with the world transitioning to digitization and automation. Given analysts’ expectations of solid earnings growth by the tech sector this year, we think tech stocks Intel (INTC),…

Benzinga

Intel's Mobileye Targets US Autonomous Electric Shuttles From 2024

Intel Corp's (NASDAQ:INTC) Mobileye unit looks to build and deploy self-driving electric shuttles with its partners in the U.S. in 2024. Mobileye, Benteler EV Systems, and Beep will launch the on-demand driverless shuttles, which will feature 12 to 14 seats and no steering wheel or pedal, Reuters reports. They will operate the vehicles in…

Benzinga

Looking At Intel's Recent Whale Trades

StockNews.com

Advanced Micro Devices vs. Intel: Which Chip Stock is a Better Buy?

Surging demand for advanced semiconductor chips and technological breakthroughs in the chipmaking process are driving investments in the industry from governments and corporations worldwide. Because these factors are expected to hike production levels and ease supply chain issues later this year, prominent players in this space, Intel (INTC) and Advanced…

Benzinga

This Is What Whales Are Betting On Intel

1 … 13 14 15 16

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Advanced Micro Devices

422 stories

404 stories

Read news from The Economist, FT, and more,
with one subscription

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.