Intel Corporation (INTC)
Intel Stock Rises on Report That It Might Sell a Stake in Its Altera Business
Intel (INTC) shares rose Friday, lifted by indications that it is looking for a big outside investment in its Altera programmable chipmaking unit.
Intel Q3 Preview: Temporary Weakness Before Strength In 2025
Intel's current valuation is attractive for near-term investors, with a 50% market cap growth potential in 2025, driven by the 18A node and rising AI demand, despite anticipated Q3 weakness. Management's cost-reduction plan, including layoffs and dividend suspension, aims to improve free cash flow but may hinder long-term growth against competitors like NVIDIA and TSMC. Intel's Data Center and AI unit struggles due to competition and product delays, necessitating strategic clarity and operational efficiency to regain its market position.
Will A Q3 Surprise Reverse Intel Stock's 55% Decline?
Intel stock (NASDAQ: INTC) is expected to publish its Q3 2024 results around October 31. We expect revenue for the quarter to come in at about $13.1 billion, roughly in line with consensus estimates and down about 8% compared to last year.
Intel is seeking an investor for a stake in its Altera chip unit, CNBC reports
Intel is looking for an investor to acquire a stake in its Altera subsidiary, CNBC reported. The US tech giant is seeking a deal that values the programmable chip unit at around $17 billion.
Intel seeks billions for minority stake in Altera business, sources say
Intel is looking for an investor that would acquire at least a minority stake worth billions for its Altera subsidiary, an abrupt about face from its prior messaging. Any deal would look to value Altera at least what the $16.7 billion that Intel paid for it in 2015.
Intel, AMD Stocks Rise. The Reason Why Chip Makers Are Breathing a Sigh of Relief.
Chip maker TSMC posted an earnings beat on Thursday, reassuring investors who were worried that the AI boom could be about to fizzle out.
Intel China responds to accusations of security issues from Chinese cyber association
Intel's China unit said on Thursday it has always prioritised product safety and quality, after an influential Chinese cybersecurity association called for a security review of the U.S. chipmaker's products sold in China.
Intel faces headwinds in China as trade body calls for security probe
In a statement, the CSAC alleged Intel's CPU chips contained vulnerabilities and security risks, and accused the company of threatening national security as well as consumer interests and rights. According to Daniel Newman, CEO of The Futurum Group, the accusations may be politically motivated and represent serious headwinds for Intel.
Mexico working with GM, Foxconn, Intel to reduce Asia imports
Mexico's deputy economy minister said on Wednesday that the Mexican government is in talks with General Motors, Foxconn, DHL, Stellantis and Intel to identify what products can be produced locally instead of imported from Asia.
Intel (INTC) Stock Slides as Market Rises: Facts to Know Before You Trade
Intel (INTC) reachead $22.31 at the closing of the latest trading day, reflecting a -1.54% change compared to its last close.
Why Intel Stock Wilted on Wednesday
It seems as if a monster buyout of the company isn't happening anytime soon.
Qualcomm acquiring Intel would be bad for both companies, says Citi's Christopher Danely
Christopher Danely, Citi semiconductor analyst, joins 'Power Lunch' to discuss Citi's negative call on Qualcomm.
