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The Latest Breaking News from Intel Corporation

GlobalFoundries-STMicro Discuss Partnering For Chip Plant In France

GlobalFoundries Inc (NASDAQ:GFS) and STMicroelectronics N.V. (NYSE:STM) are amid discussions to build a semiconductor factory in France with the help of government funds, Bloomberg reports. The European Commission looks to produce 20% of the world’s chips by 2030. The European Union executive arm proposed the 43 billion euro ($45.3 billion) Chips Act earlier to…

Benzinga

Intel Goes On Austerity Drive To Take On Rivals Like TSMC

Intel Corp (NASDAQ: INTC) has paused hiring in the PC desktop and laptop chips division as part of cost-cutting measures, Reuters reports. In its most recent quarter, Intel's client computing group raked $9.3 billion of its $18.4 billion in revenue. Intel could resume some hires within two weeks after the division re-evaluates priorities to…

Benzinga

Why Pete Najarian Hasn't Sold Any Intel Stock Despite Bearish Analyst Coverage, Chip Exposure Via Nvidia

Intel Corp (NASDAQ: INTC) shares are sliding Wednesday after the company tempered its quarterly expectations during a presentation at "RSA Conference 2022."

Benzinga

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Citi Sees Intel's Bear Case Taking Shape Sooner Than Expected

At a competitor conference on June 7, Intel Corp (NASDAQ:INTC) appeared to talk down the quarter as company management mentioned that circumstances were worse than expected during the quarter due to reduced inventory levels at customers and delays in normalization post-COVID lockdowns in China. Previously, Citi published multiple updates on flagging PC…

Benzinga

Microsoft aims to win the race to build a new kind of computer. So does Amazon

SEATTLE — The tech giants are locked in a race.

Tribune News Service

Why Are Bitcoin Miners Capitulating?

Bitcoin (CRYPTO: BTC) yet again failed to sustain its rally over $30,000 yesterday, as it was harshly rejected by the key $31,500 level. As previously mentioned, this level is critical to overcome for Bitcoin to rally towards $35,000.

Benzinga

Looking At Intel's Recent Whale Trades

Benzinga's options scanner just detected over 11 options trades for Intel (NASDAQ:INTC) summing a total amount of $613,393. At the same time, our algo caught 8 for a total amount of 496,573.

Benzinga

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Dogs of the Dow: 4 Stocks to Buy Now

Market sentiment was mostly unchanged on Monday, as investors await the May inflation report. Given the market uncertainties, we think investing in high-yielding dividend stocks that are part of the Dow Jones index—commonly known as the Dogs of the Dow—might the ideal strategy now. And our top choices among these…

StockNews.com

Ayn’s Loki Mini is one of the cheapest handheld PCs yet

The entry-level version of the Ayn Loki, the Loki Mini, comes in at $239, which is well below the starting $399 price of Valve's Steam Deck.

Input

Bargain-Hunting: 5 Oversold Tech Stocks to Scoop Up Right Now

Tech stocks have been among the worst affected by the extended market correction, which has fostered primarily by the Federal Reserve’s aggressive interest rate hikes this year. However, the continuing digital transformation, increased adoption of advanced technologies, and corporate and government spending should allow fundamentally sound stocks to rebound soon.…

StockNews.com

Intel Whale Trades Spotted

Someone with a lot of money to spend has taken a bullish 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

China Will Lose Ability To Access Amazon's Kindle E-Book Store From 2023

Amazon.com, Inc (NASDAQ:AMZN) looks to cease operating its Kindle e-book store in China from the end of June 2023, Reuters reports based on the e-commerce giant's official WeChat account. China's customers will no longer be able to purchase new e-books from June 2023 for reasons undisclosed. Also Read: Microsoft Brings Down Curtains On LinkedIn…

Benzinga

Intel set to acquire Codeplay Software

Edinburgh-based business will operate as a subsidiary of the chip-making giant

Insider UK

Microsoft's Surface Laptop Go 2 has 11th Gen Intel and a new green color

Microsoft is updating its cheaper Surface Laptop Go line with an "improved" HD webcam, 11th Gen Intel chips, and nice new green color.

Input

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Birmingham Post

Bristol virtual events platform working with Google and Intel to expand after £1m first year

Founded by entrepreneur Lisa Carter, Discussion Box has established a client base of global tech giants

Daily Mirror

Samsung Galaxy Book2 Pro Review: A sleek and sublime MacBook challenger with a stunning screen that's perfect on the go

Samsung Galaxy Book2 Pro is an ultra-portable beast with some impressive features that are perfect for keeping you productive on the go

StockNews.com

4 Stocks with High Levels of Insider Buying

Heavy insider buying can be a good indicator of future price appreciation for stocks because insiders often have insight into the growth prospects of their companies. Shares of Intel (INTC), CSX (CSX), Centene (CNC), and AutoZone (AZO) have been heavily bought by insiders of late. So, we think it could…

InsideEVs

Tesla's New AMD Ryzen APU Vs Old Intel Atom GPU: How Do They Compare?

Tesla recently updated the processing unit in Model 3 and Model Y cars. The refreshed Model S and Model X also have the new AMD Ryzen APU. Let's check it out.

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Los Angeles Times

Commentary: California’s economy may seem healthy. But just wait for the next recession

The California economy may seem healthy on the surface, with home prices soaring, Silicon Valley booming and the state government posting big multi-year state budget surpluses thanks to a massive surge in capital gains tax revenues and income tax revenues from tech stocks.

The Independent UK

Davos gathering overshadowed by global economic worries

The risks to the global economy are leading to an increasingly gloomy view of the months ahead as corporate leaders, government officials and other VIPs gather at the World Economic Forum meeting in Davos, Switzerland

Benzinga

Analysts See Consumer Electronics Get Costlier As Major Chipmakers TSMC, Samsung, Intel Boost Prices

Input

AMD takes aim at Intel with monstrous Ryzen 7000 CPU reveal

AMD’s CEO, Lisa Su, didn’t even mention Intel by name after dragging the company in a Blender demo at Computex 2022.

Benzinga

What Are Whales Doing With Intel

A whale with a lot of money to spend has taken a noticeably bearish stance on Intel. Looking at options history for Intel (NASDAQ:INTC) we detected 20 strange trades.

StockNews.com

5 Stalwart Stocks to Load Up on During the Market Sell-Off

Worries about looming recession due to the Fed's tighter monetary policy and other macroeconomic headwinds have kept the stock market under pressure. Amid such a scenario, investing in shares of stalwart companies Intel (INTC), AbbVie (ABBV), FedEx(FDX)), Oracle (ORCL), and The Coca-Cola (KO) could help investors dodge the short-term market…

Input

Framework is upgrading its modular laptop with 12th Gen Intel chips

Framework improved the build quality of its laptop case and is offering an easy way to upgrade your old model to the latest 12th Gen Intel chips.

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