CNBC's Andrew Ross Sorkin reports on the latest news.
Tuesday's big selloff in chip stocks looks overdone—the AI-powered rally can keep rolling.
Intel products sold in China should be subject to a security review, the Cybersecurity Association of China said on Wednesday, alleging the U.S. chipmaker has "constantly harmed" the country's national security and interests.
Intel's best days may be in the rearview mirror.
Qualcomm Inc (NASDAQ:QCOM, ETR:QCI) is considering a potential takeover of Intel but will likely wait until after the US presidential election in November to decide. According to a Bloomberg exclusive, the company seeks clarity on the political landscape, particularly regarding antitrust regulations and relations with China, before making any move.
Intel Corp (NASDAQ:INTC, ETR:INL) and Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD) have announced the formation of a group aimed at improving software compatibility across their chips, addressing competition from Apple supplier ARM Holdings. According to the Reuters news agency, Intel's x86 architecture has powered computers and servers for over 40 years, with AMD licensing this technology to make its own competing chips.
The two companies and other technology giants will work together to shape the future of the x86 chip as the landscape transitions to dynamic artificial-intelligence workloads.
Intel and Advanced Micro Devices on Tuesday said they are forming a group to help make sure software works across their chips, responding to a rising challenge from Arm Holdings.
Oppenheimer analyst Rick Schafer maintained a Perform rating on Advanced Micro Devices, Inc AMD.
Intel (INTC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Which of these chipmakers is the better investment right now?