Intel Corp. and Apollo Global Management announced a joint venture Tuesday for a chip-manufacturing facility in Ireland.
Apollo to hold an 49% equity interest stake in the joint venture.
In the hypercompetitive arena of artificial intelligence, Intel unveiled its latest gambit: the Xeon 6 processor. The next-generation AI chip, which debuted Tuesday (June 4) at Taiwan's Computex tech conference in Taipei, promises a combination of enhanced performance and power efficiency to tackle the demands of data center workloads.
Intel's (INTC) innovative AI solutions are set to benefit the broader semiconductor ecosystem by driving down costs, improving performance and fostering an open, scalable AI environment.
Intel Corporation (NASDAQ:INTC ) Computex 2024 Keynote June 3, 2024 11:00 PM ET Company Participants Patrick Gelsinger - CEO Chuck Hyder - Member of Executive Search Team Conference Call Participants Jack Tsai - Inventec Jonney Shih - ASUS Jason Chen - Acer Patrick Gelsinger Thank you. Great to be here in Taipei.
NEW YORK, NY / ACCESSWIRE / June 4, 2024 / If you suffered a loss on your Intel Corporation (NASDAQ:INTC) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
LOS ANGELES, CA / ACCESSWIRE / June 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Intel Corporation ("Intel" or "the Company") (NASDAQ:INTC) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 23, 2020 and July 23, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before September 28, 2020.
Intel Corp ( NASDAQ:INTC) isn't sitting out of the artificial intelligence (AI) race.
Intel Corp (NASDAQ: INTC) is in focus this morning after announcing new chips to expand its footprint in the AI data centre market. Intel unveiled Xeon 6 AI chip at Computex The multinational revealed “Xeon 6” at an international information technology trade show in Taipei on Tuesday.
West Texas Intermediate, a proxy for U.S. oil prices, is extending losses amid investors' concern that OPEC+'s recent decisions have left the door open for phasing out voluntary output curbs; Intel (INTC) shares are gaining after the U.S. chipmaker announced new artificial intelligence (AI) processors, as it takes on Nvidia (NVDA) and Advanced Micro Devices (AMD); Microsoft (MSFT) and Japan's Hitachi announced a multibillion-dollar, three-year partnership they said will speed up the adoption of generative AI; E*Trade is reportedly considering telling meme-stock leader Keith Gill he can no longer use its platform after growing concerned about potential stock manipulation around his recent purchases of GameStop (GME) options; Bath & Body Works (BBWI) shares are falling despite reporting first-quarter earnings that beat expectations and the retailer's own guidance. U.S. stock futures are falling.
Intel Corp.'s stock has missed out on the artificial-intelligence trend so far this year, but it's headed higher in Tuesday's premarket action after the company made a series of AI-chip announcements.
Intel (INTC) shares moved higher ahead of Tuesday's opening bell after the chipmaker revealed its latest processors, which the company hopes will enable it to grab market share from rivals in the booming artificial intelligence (AI) data center market.