Intel Corporation (INTC)
Is It Too Late to Buy Intel Stock?
Recent earnings have caused a significant pullback from Intel's stock. Meanwhile, there are better-valued AI stocks that are less risky than Intel.
Intel Exits Arm. It Still Has Another AI Investment.
The company has offloaded its investment in chip-design firm Arm Holdings as it looks to monetize assets.
Intel offloads stake in UK chip designer Arm amid restructuring push
Intel has sold its 1.18 million share stake in British chip designer Arm Holdings, raising nearly $147 million. This move is part of a broader restructuring strategy as the company grapples with financial challenges and intensified competition in the semiconductor industry.
Intel Stock Is Cheaper Than Its Ever Been
Intel suspended its dividend and announced mass layoffs as it pushes toward its ambitious manufacturing goals. The stock sank as a result of the news, pushing shares of Intel to levels not seen in many years.
Intel offloads Arm stake, netting an estimated $147m
Intel Corp (NASDAQ:INTC, ETR:INL) sold its stake in Arm Holdings PLC (NASDAQ:ARM) during the second quarter, offloading 1.18 million shares it held three months prior, according to Bloomberg. Based on Arm's average stock price of $124.34 during that time, Intel likely generated around $147 million from the sale.
Intel sells stake in UK chip designer Arm amid company-wide restructuring and cost cuts
Intel has sold its 1.18 million stake in British chip company Arm Holdings, a regulatory filing showed. The company is in the midst of restructuring and cost-cutting efforts as the it struggles to keep up with competitors in the chip race.
Intel sells stake in chip designer Arm Holdings
Intel has sold its 1.18 million shares in British chip designer Arm Holdings , a regulatory filing showed on Tuesday.
Intel sued by fired Jewish employee over ex-supervisor's alleged antisemitism
Plaintiff says he was let go after complaining that his manager openly celebrated terrorism against Israel
Intel has sold its stake in Arm after a big rally for the chip-design stock
While Intel INTC owned about 1.8 million Arm shares ARM earlier this year, it held no position as of the end of the June quarter, the company's latest 13-F filing showed. Major investors and companies with significant public holdings are required to provide quarterly updates on the positions, and Intel's update came out late Tuesday morning.
Intel is sued by Jewish fired employee over ex-supervisor's alleged antisemitism
A Jewish former employee of Intel sued the chipmaker on Tuesday, saying he was fired after complaining that the senior executive he reported to openly celebrated antisemitism, Hamas and terrorism against Israel.
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These 2 Artificial Intelligence (AI) Stocks Are a Buy After the Recent Sell-Off
Intel's plans include ambitious cost-cutting and advancements in manufacturing, and don't forget its widespread presence in AI-training systems. SoundHound AI is shifting from a popular but unprofitable song-identification service to an early-stage growth company with an impressive growth plan.
