Intel Corporation (INTC)
Intel strikes deal with Amazon to develop AI chips for AWS
CNBC's Seema Mody reports on Intel's new deal to build AI chips for Amazon, how it could affect share prices, and more.
Intel Stock Can Be A Buy At The Right Price
Intel stock has surged recently due to positive developments, including an expanded partnership with Amazon AWS. Despite Intel's CapEx-heavy, free-cash-flow-negative status, its valuation offers upside potential, making INTC stock a Buy. Intel aims for positive adjusted free cash flow by 2025, improving liquidity and reducing leverage through strategic measures.
Intel Is Just Getting Started
Intel plans to establish Intel Foundry as an independent subsidiary, aiming to compete with TSMC and secure external customers with strong U.S. government support. Intel's 5N4Y target focuses on launching 18A CPUs by late 2025, with key products Panther Lake and Clearwater Forest being crucial to success. Next-gen Arrow Lake CPUs are expected soon, boasting strong specs and significant multi-core performance improvements, essential for Intel's competitive edge.
Intel Drops A Foundry Bombshell: It's Time To Buy
Intel secures a major, multi-billion dollar design win with Amazon. Intel's foundry division will become an independent subsidiary, allowing it to raise capital independently and reduce conflicts of interest. With a clear foundry turnaround plan and positive momentum on its 18A node, Intel is a Buy.
Intel awarded up to another $3B under CHIPS Act, shares rise
Intel Corp (NASDAQ:INTC, ETR:INL) shares continued to gain momentum after it was revealed on Monday that the company has been awarded up to an additional $3 billion from the Biden administration under the CHIPS and Science Act for the Secure Enclave program. The stock was up more than 6% in early trade Tuesday, building on the previous day's gains, at about $22.
Intel, once a Silicon Valley star, has been floundering. Now it's mounting a turnaround.
Intel was once a giant of Silicon Valley. It's now in the midst of a crisis.
Intel: Why It's Time to Reconsider This Beaten-Down Chipmaker
There aren't too many stocks in the technology sector that offer the type of discount that shares of Intel Co. NASDAQ: INTC offer. The stock has been under a lot of scrutiny for falling behind the artificial intelligence race and sticking to what had been safe for its business: the personal computer (PC).
Intel's Slow-Burn Strategy: Foundry Revenues 'Not Till 2027,' Analyst Predicts Spin-Off Ahead
Intel Corp INTC just gave its employees a much-anticipated update, but don't expect any earth-shattering surprises.
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the market opens Tuesday after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvigorate its business.
Don't let Intel's stock pop fool you: ‘Things are likely to remain a struggle,' analyst says
Despite some positive foundry developments, numerous analysts see challenges ahead for Intel as it tries to reclaim technological leadership
Massive insider trading hits Intel amid $3.5 billion government contract
Intel (NASDAQ: INTC) has witnessed a surge in insider stock purchases coinciding with the announcement of a $3.5 billion United States government contract award.
Intel's Amazon chip deal lifts investor confidence in money-losing foundry unit
Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal with Amazon's cloud business provided a major stamp of approval for its struggling contract manufacturing business.
