Intel Corporation (INTC)
Intel Just Scored a Big AI Chip Customer
Intel has been slow to generate meaningful revenue from AI chip sales. Starting in 2025, Intel's Gaudi 3 chips will be available to IBM's cloud customers.
Exclusive: Intel manufacturing business suffers setback as Broadcom tests disappoint, sources say
Intel's contract manufacturing business has suffered a setback after tests with chipmaker Broadcom failed, three sources familiar with the matter told Reuters, dealing a blow to the company's turnaround efforts.
Why Intel Stock Plunged 28% in August
Intel missed earnings estimates and offered disappointing guidance for the third quarter. The company also said it was eliminating its dividend and laying off at least 15% of its workforce.
Intel CEO to pitch plans to shed assets, which could include Altera
Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company's board of directors to slice off unnecessary businesses and revamp capital spending, according to a source familiar with the matter, as they try to revive the once-dominant chipmaker's fortunes.
Intel weighs Altera sale as share price slump threatens Dow Jones spot
Intel Corp (NASDAQ:INTC, ETR:INL) is reportedly considering the sale of programmable chip unit Altera which would have a significant impact on the company's value, analysts at Wedbush believe. Reuters reported on Monday that Intel is considering actions to shore up its finances, including slowing investments and selling non-core assets such as Altera in lieu of earlier plans to IPO the field programmable gate arrays (FPGAs) business.
Why Intel Stock Is Getting Crushed Today
Intel is losing ground amid big sell-offs for the broader market today. U.S. manufacturing decreased in August, and investors are worried about this week's jobs report.
Intel Stock Sinks Amid Worries It Could Be Delisted From the Dow
Intel (INTC) shares tumbled over 8% in intraday trading Tuesday amid worries the chipmaker could be in danger of losing its status as a member of the Dow Jones Industrial Average.
Intel: If You Build, They Will Come
Some believe Intel Corporation stock is in a free fall, with no turning back. However, the company appears to have a plan, a roadmap to recovery. Intel is executing on strategies to wrestle back control of the semiconductor industry, launching smaller, more powerful chips embedded with proprietary industry-leading technologies.
Will Intel Prove An Old Wall Street Saying True? What To Look For
“Gaps refill” is an old Wall Street saying. It is easy to understand why this occurs if trader and investor psychology are considered.
Intel to Deploy Gaudi 3 AI in IBM Cloud: Beneficial for INTC Stock?
With declining earnings estimates and abysmal price performance compared with peers, INTC is witnessing a negative investor perception.
Intel's stock hasn't been this cheap in at least 30 years. But is it a buy?
While Intel shares look inexpensive based on their multiple of book value, one analyst says he sees “easier ways to generate returns elsewhere.”
Intel's Dow status under threat as struggling chipmaker's shares plunge
Intel was one of the first two tech companies to join the Dow Jones Industrial Average during 1999's dot-com era, along with Microsoft. Now, a slump in its share price could cost the American chipmaker its place in the blue-chip index.
