Intel slides 7% as foundry business loss spotlights wide gap with rival TSMC
Intel shares fell nearly 7% on Wednesday, as ballooning losses at its contract chip-making business signalled the company could take ...
Tag: Intel
Intel shares fall after company reveals $7 billion operating loss in foundry business
U.S. President Joe Biden tours the Intel Ocotillo Campus, in Chandler, Arizona, U.S., March 20, 2024. Kevin Lamarque | ReutersIntel shares ...
AMD bets on AI-powered PCs as artificial intelligence race with Nvidia, Intel heats up
SHANGHAI, CHINA - JULY 28, 2023 - Photo taken on July 28, 2023 shows the AMD logo at the 2023 ...
Intel has worst day since 2020 on weak outlook
Intel CEO Pat Gelsinger speaks during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Intel shares slumped ...
Intel plunges as chipmaker falls further behind in AI race amid PC market hurdles
Intel slumped over 10% on Friday following a bleak first-quarter revenue outlook, as the chipmaker plays catch-up in the AI ...
S&P 500, Dow flat after inflation data; Intel’s bleak forecast weighs
The benchmark S&P 500 and the blue-chips Dow were subdued on Friday as an in-line inflation print signaling continued moderation ...
Intel stock sinks as early 2024 outlook comes up short
Intel shares dropped in extended trading on Thursday after the chipmaker issued an outlook for the first quarter of 2024 ...
Intel unveils new AI chip to compete with Nvidia and AMD
Patrick Gelsinger, chief executive officer of Intel Corp., speaks during the Intel AI Everywhere launch event in New York, US, ...
Intel closes up 9% after earnings beat shows progress toward $3 billion in cost savings
Intel stock closed up 9.3% on Friday after the company beat Wall Street expectations for profit and sales.On Thursday, the ...
Chipmaker Intel soars 9% on signs of PC market recovery
Intel rose more than 9% on Friday and sparked a jump in chip stocks after its upbeat forecast signaled that ...
