Intel Corporation (INTC)
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the market opens Tuesday after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvigorate its business.
Don't let Intel's stock pop fool you: ‘Things are likely to remain a struggle,' analyst says
Despite some positive foundry developments, numerous analysts see challenges ahead for Intel as it tries to reclaim technological leadership
Massive insider trading hits Intel amid $3.5 billion government contract
Intel (NASDAQ: INTC) has witnessed a surge in insider stock purchases coinciding with the announcement of a $3.5 billion United States government contract award.
Intel's Amazon chip deal lifts investor confidence in money-losing foundry unit
Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal with Amazon's cloud business provided a major stamp of approval for its struggling contract manufacturing business.
Intel Gets an Amazon Boost. 3 Questions the Chip Maker Still Needs to Answer.
Intel stock rose after news of its chip deal with Amazon but the semiconductor company still needs to convince on execution and bringing in more customers.
Intel CEO Shocked Investors With a Huge List of Bullish News
Intel announced numerous updates and customer wins for its foundry business.
Intel (INTC) Surges 6.4%: Is This an Indication of Further Gains?
Intel (INTC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Intel to separate semiconductor business, nets Amazon as client
Intel Corp (NASDAQ:INTC, ETR:INL) has outlined plans to split its foundry business into a separate subsidiary with its own governance structure within the wider group. Intel Foundry comprises the Santa Clara-headquartered technology trailblazer's semiconductor manufacturing wing, which is an aspect of the business chief executive Pat Gelsinger has been at pains to grow.
Germany's Scholz: Intel committed to German site despite delay
German Chancellor Olaf Scholz said on Tuesday that Intel is committed to its plan to build plants in eastern Germany despite the U.S. chipmaker's announcement that it is delaying construction by two years amid cost-saving measures.
Intel delays Germany, Poland chip factories for two years
Chip-making giant Intel on Monday said it was delaying its plans to build two mega chip-making factories in Germany and Poland as the company faces lower demand than anticipated.
Massive News for Intel Stock Investors
Intel expands its collaboration with AWS and announces other changes inside the company.
Watch These Intel Price Levels as Stock Surges After CEO Provides Business Update
Intel (INTC) shares surged in extended trading on Monday after the embattled chipmaker's CEO Pat Gelsinger provided an update on the company's plans to slash costs and turn around its business.
