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INTEL OPERATING LOSSES
Intel CEO who won over Donald Trump and Elon Musk now needs a breakthroughIntel CEO Lip-Bu Tan is entering his second year with renewed optimism, securing interest from tech giants like Apple and Tesla, and seeing...
Intel stock jumps 12% to all-time high: why are INTC shares surging big today as Intel stock climbs from $20 to $97 in 8 months— is Trump the biggest winner? here’s what’s remaking the INTC storyIntel Stock Surges 12%: Apple Chip Deal Talks and a Blockbuster Q1 Remake the INTC Story. Intel stock delivered one of its most dramatic si...
US stock market today: Why is Nasdaq crashing big today? Dow and S&P 500 slip as Nasdaq plunges over 300 points - Nvidia, AMD, Intel lead tech lossesUS stock market today: Nasdaq crashing big today as Dow Jones and S&P 500 also slip. The US stock market today shows a sharp shift. The Nas...
US Stock Market: Intel’s AI bet drives upbeat forecast and investor confidenceIntel forecast stronger-than-expected Q2 revenue of $13.8–$14.8 billion, driven by robust demand for AI-focused server chips, with earnings...
Falling trust in America is a Pandora’s box for the global economyThe TACO trade, a bet on Trump backing down from market-rattling actions, seems outdated as his Iran war and global policy shifts create un...
Intel joins Musk's Terafab AI chip project to power humanoid, data centre goalsIntel will collaborate with Elon Musk's Terafab AI chip project. This partnership aims to produce processors for Musk's robotics and data c...
Intel stock skyrockets 8%: Can AMD stock keep pace amid AI chip surge and $14.2 billion fab deal?Intel stock jumped 8% to $47.50 on Wednesday. AMD stock gained 3% near $209 as AI chip demand surged. Intel announced a $14.2 billion repur...
Intel trims full-year expense outlook following Altera stake saleShares of the struggling chipmaker rose nearly 4% as the trimmed projected expenses provided investors with some respite after burgeoning c...
Intel to separate networking unit as new CEO Tan overhauls businessTan's plan to rejuvenate the once-iconic chipmaker focuses on shedding non-core assets and reducing expenses by scaling back major investme...
Tech layoffs: Intel expects to shrink workforce to 75,000 by year endIntel job cuts: Intel plans to cut over 25,000 jobs by 2025 to cut costs and recover from recent losses. The company will halt some factory...
Intel beats shareholder lawsuit over $32 billion stock plungeIntel's stock price sank 26% last August 2, one day after the chipmaker announced more than 15,000 layoffs and suspended its dividend, hopi...
Intel executives say a manufacturing spinoff is possibleIntel's interim co-CEOs acknowledged the possibility of selling the company's manufacturing operations if its new 18A chipmaking technology...
Intel slides 7% as foundry business loss spotlights wide gap with rival TSMCIntel faces challenges with chip-making, resulting in a 7% stock drop. Analysts anticipate a $12 billion market value loss, while CEO Gelsi...
Intel discloses $7 billion operating loss for chip-making unitIntel said the manufacturing unit had $7 billion in operating losses for 2023, a steeper loss than the $5.2 billion in operating losses the...
Intel's 'historic collapse' set to erase $10 billion from market valueThe company predicted a surprise loss for the first quarter and its revenue forecast was $3 billion below estimates as it also struggled wi...
Intel's 'historic collapse' set to erase $10 billion from market valueThe company predicted a surprise loss for the first quarter and its revenue forecast was $3 billion below estimates as it also struggled wi...
- STMicro, Intel to form new co for flash chips
STMicroelectronics and Intel plan to combine their unprofitable flash-memory businesses into a new company, creating the world’s largest ma...