One of the cornerstones of President Donald Trump's campaign was a promise to bring more manufacturing jobs back to the U.S. from overseas. In particular, the new administration has been focused on bolstering domestic technology innovation as the artificial intelligence (AI) revolution intensifies.
The Trump administration wants to beef up existing restrictions on chip exports to China, according to a report.
Taiwan's economy minister said on Tuesday his ministry had not received information about an overseas investment application by Taiwanese chipmaker TSMC , when asked about possible investment in Intel and the United States.
Intel: Renewed AI Opportunities May Prompt A Solid GARP Play
Intel on Monday said that the first two cutting-edge machines from ASML Holding are "in production" at its factories, with early data indicating they are more reliable than the previous generation of machines.
Intel (INTC -1.93%) stock is losing ground Monday amid a broader tech-sector slide. The semiconductor company's share price was down 1.6% as of 3:20 p.m.
Today's Morning Trade focuses on Intel (INTC), which Alan Knuckman believes has plenty of room to run. He thinks a new floor can be built into its stock price following recent optimism from the Trump administration on the U.S. becoming an A.I.
Intel joins short list of companies doing well without permanent CEOs, but the balance of corporate power still tips toward having someone at the helm
Despite a long list of issues plaguing chip giant Intel (INTC -4.68%), the company has made meaningful progress catching up to TSMC in semiconductor manufacturing. Intel was stuck on its heavily delayed 10 nanometer (nm) process for a long time, which caused all sorts of problems on the product side of the business.
Steven Dickens discusses all things A.I. He mentions Intel (INTC) as a company that has lots of promise but now without lots of questions if its assets acquired by another company, particularly TSMC (TSM).
[00:00:04] Doug McIntyre: So Intel, the shares of which are down almost 70 percent over the last five years, may have a couple of suitors for pieces of the company for this to work Intel would have to be broken up, but if you're a shareholder [00:00:20] Lee Jackson: I think it's like that's just Inconceivable.
Intel INTC has been showing a remarkable surge in its stock price, marking its longest winning streak since the 1980s. The strong momentum is driven by a combination of political developments, strategic business moves and market speculation.