Intel Corporation (INTC)
Intel's Stock Is Rising After a Report Says It Might Sell Its Foundry Business
A report that Intel Corp. (INTC) is considering the spin-off or sale of its foundry business lifted the tech giant's stock Friday.
Intel to Divest Foundry Division for Core Focus: Stock to Gain?
INTC announces strategic review of its business in response to severe financial difficulties and operational challenges.
Intel Rallies On Report Chip Giant Is Exploring Options Including Foundry Split
Intel stock rallied on a report that the chip giant is considering splitting off its manufacturing business.
Intel Mulls Radical Reform, Report Says. What It Could Mean for CEO Pat Gelsinger.
A report that Intel could separate its chip-manufacturing business shows what a perilous position CEO Pat Gelsinger finds himself in.
Intel Corp Looks at Outside Help, Stock Surges
Shares of Intel Corp (NASDAQ:INTC) are on the rise today, after reports that the semiconductor name is working with bankers to address weakness in its core business, exploring options such as a separation of its foundry unit.
Why Intel Shares Are Moving Higher Today
Intel is reportedly working with bankers to consider ways to kick-start growth. The company has fallen behind rivals in recent years, and faces hard choices.
Intel Corporation (INTC) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Intel (INTC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Intel rises as report of chipmaker exploring options stokes investor enthusiasm
Intel's shares rose more than 3% before the bell on Friday, as a report of the struggling chipmaker exploring options that could include a merger or a split induced some investor enthusiasm after one of the stock's worst slumps in decades.
Intel reportedly brings in the bankers as it mulls its strategic options
Intel Corp (NASDAQ:INTC, ETR:INL) is working with multiple advisors, including Morgan Stanley (NYSE:MS), to explore options to improve its declining business, according to Bloomberg citing a source with knowledge of the process. These options may involve selling off parts of the company, with Intel's board set to review the proposals in September.
Intel working with bankers to present board with strategic options
Intel is working with its bankers to come up with a variety of options to help fix its flagging businesses. The company has been hampered by longtime problems and more recent missteps, and announced earlier this year it would lay off thousands of employees.
Intel CEO Pat Gelsinger addresses investor concerns amid stock plunge
Intel CEO Pat Gelsinger acknowledged the company's recent struggles in a fireside chat at Deutsche Bank's technology conference in Dana Point, California. The chipmaker, which saw its stock price plummet by 26% following its latest earnings report, is working to address the significant investor concerns that have emerged.
Intel CEO Gelsinger says he respects 'skepticism' from investors as chipmaker's struggles persist
Intel CEO Pat Gelsinger said he respects the "skepticism" that he's seeing from the market regarding the company's turnaround efforts Earlier this month, Intel's stock had its worst day in over 50 years following a brutal earnings report.
