Trump thinks owning piece of Intel would be good deal for US
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Investment banking firm JPMorgan thinks Intel should walk away from the chip-making business, and push into its Intel Foundry business instead.
Intel is aggressively cutting capital and operating costs to rightsize operations. Click here to find out why I rate INTC stock a Buy.
Yet Intel still matters, as Mr Trump’s interest shows. The most advanced chips, vital for smartphones and AI, are now made almost entirely by TSMC. America’s tech giants depend on it. Such reliance on a single supplier—particularly one based in Taiwan—is risky.
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InvestorsHub on MSNIntel Faces Challenges with New Manufacturing Process for Upcoming High-End PC Chips
Intel (NASDAQ:INTC) is encountering difficulties with the production yield of its latest high-performance laptop chips, according to a report by Reuters. Only a small fraction of semiconductors made using Intel’s new manufacturing technique have met the quality standards required for consumer sales.
The Ratings Game Intel’s new CEO is known to ‘underpromise and overdeliver.’ Can he do it again? Intel’s stock is down after Lip-Bu Tan failed to offer quick fixes in a recent speech.
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Why Intel Stock Soared Today
Intel stock also gained ground, thanks to news that the U.S. government is taking a nearly 10% equity stake in the company. Intel's valuation climbed today thanks to a speech from Federal Reserve chair Jerome Powell that increased hopes among investors for an interest rate cut at the central bank's meeting next month.
(RTTNews) - Intel Corp. (INTC) plans to lay off more than 20% of its employees this week due to financial difficulties and weak market conditions, Bloomberg reported citing people familiar with ...
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 ...
But, as Tom’s Hardware notes, Intel’s older 7nm chips are in high demand, suggesting that Intel’s new, AI-friendly chips might not be attracting as much as one would expect from new tech.
On January 30, Intel (NASDAQ:INTC) reported Q4 non-GAAP EPS of $0.13, surpassing estimates by $0.01, with revenue of $14.26 billion, down 7.4% year-over-year, but beating expectations by $430 million.