Intel Corporation (INTC)
Why Intel Stock Sank Again Today
Intel lost ground after it was revealed the company had sold its position in Arm Holdings. Selling its Arm stock probably isn't a huge deal for Intel, but it's also not a bullish sign.
Intel Sells Arm Stake Amid Cost-Cutting Efforts
Intel (INTC) sold its stake in Arm (ARM) as the chipmaker works to bring down costs, according to a Securities and Exchange Commission (SEC) filing Tuesday.
Intel Stock Warning: INTC Is Still Too Risky, Even at Multi-Decade Lows
It's been a tough earnings season for tech stocks. However, few tech stocks can hold a candle to Intel's (NASDAQ: INTC ) horrendous post-earnings price performance.
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.
