Strong demand by hyperscalers, CSPs, AI, Auto, industrial and data center customers are fueling robust sales of semiconductors.
During President Biden's tenure in the Oval Office, his administration made it a point to boost investment in domestic manufacturing. One of the administration's accomplishments came in 2022, when Biden signed the CHIPS and Science Act -- a law that seeks to invest $280 billion into research and development and semiconductor manufacturing here in the U.S.
Investors appear to be now be discounting recent M&A speculation that Intel will split in two.
February wasn't the best month for the S&P 500. The stock market's most followed (and important) index finished the month down 1.42%, lowering its year-to-date return through February to 1.24%.
Broadcom CEO Hock Tan said he is not interested in pursuing a mergers and acquisitions deal for a unit of Intel.
The road ahead for Intel is bumpy and strewn with daunting challenges, and how it navigates these roadblocks in the coming days remains to be seen.
In today's video, I discuss recent updates impacting Intel (INTC -2.14%). To learn more, check out the short video, consider subscribing, and click the special offer link below.
Intel Corporation NASDAQ: INTC is at a critical juncture. Reports are coming out that two major industry players are considering Intel's advanced 18A manufacturing process.
Intel Corporation (NASDAQ:INTC ) Morgan Stanley Technology, Media & Telecom Conference March 5, 2025 4:50 PM ET Company Participants John Pitzer - Corporate Vice President of Investor Relations Conference Call Participants Joe Moore - Morgan Stanley Joe Moore Welcome back, everybody. I'm Joe Moore, Morgan Stanley Semiconductor Research.
Intel (INTC -4.73%) stock is getting hit with another round of sell-offs in Wednesday's trading. The company's share price was down 4.6% as of 1 p.m.
Intel won the dismissal of a shareholder lawsuit accusing the chipmaker of fraudulently concealing problems in its foundry business, leading to job cuts and a dividend suspension that wiped out more than $32 billion of market value in one day.
Trump is against using tax credits to encourage chip production in the U.S., but semiconductor makers don't seem to mind.