The company also announced an expanded deal with Amazon, in which the two companies will co-invest in custom chip designs. Intel's foundry will also produce artificial intelligence (AI) fabric chips ...
Intel appears extremely cheap, trading below book value, but lacks the necessary catalysts to justify an investment. See why ...
Sam Stovall, chief investment strategist at CFRA Research, said while talking to CNBC in a latest program that since 1990, ...
Struggling chipmaker Intel said on Thursday it had no plans to divest a majority stake in Mobileye , sparking an 8% rise in ...
Then, Intel announced it would be suspending its dividend and engaging in massive job cuts. Intel's forecast for the current quarter came in lower than expected, and the company is engaging in its ...
Intel stock (NASDAQ: INTC) rallied by close to 6% in Monday’s trading and gained by another 8% in after-hours trading, taking the stock to levels of about $22 per share. Intel stock still remains down ...
Intel's ongoing transformation faces setbacks, with layoffs and delayed fabs, casting doubt on business improvements. See why ...
Chip stock Intel (INTC) has had a rocky path lately, but there are some signs pointing to improvement. From a three-day board summit, a plan to spin off Intel’s foundry operations into their own ...
Intel Corp. Chief Executive Officer Pat Gelsinger has landed Amazon.com Inc.’s AWS as a customer for the company’s ...
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Intel Corp. has made a raft of announcements over the past 24 hours in an effort to prove that a turnaround for the troubled ...
Shares have risen 7.8% in Monday's extended session following the company's announcement that it will turn its foundry business into an independent subsidiary. Intel (INTC) also said that it's ...