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Intel's New CEO Charts Revival Plan, Warns Of 'Tough Decisions' Ahead: Report
Monday, March 17, 2025 - 8:46am | 726Intel Corp’s (NASDAQ:INTC) incoming CEO, Lip-Bu Tan, is planning a major overhaul of the company’s chip manufacturing and artificial intelligence operations, aiming to breathe new life into the struggling tech giant. What Happened: Tan is considering significant changes to the...
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Intel's Panther Lake Yield Under 30%: Top Analyst Says Mass Production In Second Half Of 2025 'Challenging'
Wednesday, February 26, 2025 - 2:55am | 578Ming-Chi Kuo, a renowned industry analyst, recently shared his insights on Intel’s Panther Lake production yield, suggesting room for improvement. What Happened: On Tuesday, Kuo posted on X about the first batch of Panther Lake engineering samples, produced using Intel Corp. (NASDAQ:INTC) and...
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Udelv, Mobileye Partner On Autonomous Delivery Vehicles
Monday, April 12, 2021 - 3:18pm | 677Autonomous middle- and last-mile electric delivery vehicle maker Udelv is partnering with software maker Mobileye on a new system to enable round-the-clock use of Udelv's driverless Transporter automated delivery vehicle (ADV). The two companies expect to produce 35,000 of the ADVs from 2023 to...
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Earnings Palooza: 20% Of S&P 500 Reports This Week, Including Apple, Tesla
Monday, January 25, 2021 - 11:18am | 2684Can you say, “earnings?” This week is earnings, earnings, and more earnings. Wednesday brings the triple crown when Tesla Inc (NASDAQ: TSLA), Apple Inc (NASDAQ: AAPL), and Facebook, Inc. (NASDAQ: FB) all report after the close. Company reporting hits...
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Intel, IBM Weigh On Broader Market As Investors Also Worry About Coronavirus
Friday, January 22, 2021 - 11:15am | 1828It’s been another record-breaking week on Wall Street, and now it seems that investors are taking a breather from a pretty strong rally. While there may be an element of profit-taking in this morning’s retreat, it also seems like investors and traders may be worried about the...
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Earnings Extravaganza As Investors Digest United's Losses, Await Intel And IBM
Thursday, January 21, 2021 - 10:35am | 2248With inauguration in the rear-view mirror, Wall Street returns today to the business at hand: A long list of earnings reports and the latest word on unemployment claims. We’ll get to earnings below. First off, weekly initial jobless claims offered a little good news and some bad. On the...
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Tuesday's Market Minute: What AMD, XLNX Deal Means For Investors
Tuesday, October 27, 2020 - 10:33am | 407Xilinx, Inc. (NASDAQ: XLNX) is soaring this morning on news that semiconductor company Advanced Micro Devices, Inc. (NASDAQ: AMD) has agreed to buy the company in a $35 billion all-stock deal. AMD has stated it expects the deal to close at the end of 2021. More significantly, it will further...
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After Intel Shares Pounded On Chip Guidance, Earnings Eyes Turn To Amazon, Apple, Other Big Tech
Friday, July 24, 2020 - 10:12am | 2357Considering the effects the coronavirus has had on U.S. and world markets in 2020, it might be understandable to long for the “simpler times” of 2019. However, there’s one major storyline from last year we might wish to forget—trade policy and tariffs—but here it is...
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'Air Taxi' Startup Joby Gets $590M Funding From Toyota, Intel, Others
Thursday, January 16, 2020 - 1:33am | 407Santa Cruz-based startup Joby Aviation has raised $590 million in a Series C funding round, the company announced Wednesday. What Happened Japanese automaker Toyota Motor Corporation (NYSE: TM) led the funding round with $394 million investments in the secretive startup that wants to make air...
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#PreMarket Primer: Friday, September 26: US Coalition Picks Up A New Supporter
Friday, September 26, 2014 - 7:42am | 1234Britain announced that it was going to join the U.S.-led airstrikes against Islamic militants in Syria and Iraq after weeks of considering the decision. On Thursday, Prime Minister David Cameron announced his willingness to participate and called for a parliamentary vote on Friday to approve...
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Intel vs. AMD - Which Would You Rather Micro Edition?
Tuesday, April 15, 2014 - 10:37am | 590The revolution in personal computing has affected virtually every part of life for the vast majority of the world’s inhabitants. But this macro revolution would not have been possible without the microprocessor. In today’s market two companies, Intel (NASDAQ: INTC) and Advanced...
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Six Hot Summer Stocks (MPX, MAR, CAB, DKS, IBM, INTC)
Wednesday, April 27, 2011 - 2:09pm | 424Summer is fast approaching and with it comes hot temperatures and a new set of hot stocks. With the economy finally beginning to stabilize, we are seeing steady gains across markets. When the temperatures are high and the sun is shining, nothing is better than getting in a boat and sailing, or...
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JP Morgan Upgrades Intel to Overweight, PT to $25
Wednesday, April 20, 2011 - 6:09am | 28JP Morgan has upgraded Intel Corporation (NASDAQ: INTC) from Neutral to Overweight and has raised the price target from $20.50 to $25.
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Intel To Acquire Infineon's Wireless Solutions Business
Tuesday, August 31, 2010 - 10:26am | 125Intel Corporation (NASDAQ: INTC) has announced its acquisition of Infineon's wireless solutions business for $1.4B in cash and is expecting to close the deal in 1Q11, according to JP Morgan. Intel has spent around 50% of its $18.3B cash on hand in the last few weeks, which also included the...
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Intel Gives Negative Pre-Annoucement
Monday, August 30, 2010 - 11:37am | 113Intel Corporation (NASDAQ: INTC) gave a negative pre-announcement on 8/27 confirming the evidence of a weakened PC supply chain market, according to Citigroup. Intel lowered 3Q2010 sales guidance 5% to $11.0B (+/- $200M). Citigroup is lowering its 3Q2010 estimates to $11.0B (from $11.58B), to be...