US to Take 10% Equity Stake in Intel
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Intel is aggressively cutting capital and operating costs to rightsize operations. Click here to find out why I rate INTC stock a Buy.
Intel (NASDAQ: INTC) stock is leaping higher in Friday's trading thanks to a pair of bullish catalysts. The semiconductor company's share price gained 5.5% in a day of trading that saw the S&P 500 jump 1.5% and the Nasdaq Composite surge 1.8%.
This deal is the culmination of America’s resurgent interest in industrial policy, the same interest we always develop when we sense a challenge to our global economic dominance. Whenever we spot a new competitor on the horizon,
Investment banking firm JPMorgan thinks Intel should walk away from the chip-making business, and push into its Intel Foundry business instead.
But AMD isn’t just gaining market share at Intel’s expense. The company is also apparently doing a better job at enticing customers to buy its newest and fastest CPUs rather than previous ...
Intel is losing market share to AMD in almost every category. It also requires massive capex for the foundry business which will not deliver positive results for at least a few more years.
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Intel Corporation (INTC): Challenges and Existential Risks ... - MSN
Intel (NASDAQ:INTC) designs and manufactures computing products, including processors, memory, and AI solutions, serving sectors like cloud services, OEMs, and digital transformation with hardware ...
A US government plan to take a stake in Intel Corp. would give the ailing chipmaker a powerful backer, even if a bigger challenge still lies ahead: finding enough paying customers.