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Following the Q3 2023 report, Intel stock rose by more than 7% in after-hours trade, after closing the session at $32.52 per share. As of the press moment, Intel stock is trading at $35.15. Its market cap has hit $137.49 billion. Year-to-date, Intel shares are 23.04% up. The world’s largest manufacturer of central
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Intel is making a strong push in the semiconductor industry with FPGAs, which can be highly flexible, efficient, and used in various industries, are in high demand. Chip-making giant Intel is planning to treat its programmable chip unit as a standalone business. As a result, the company is going to
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Intel is putting a major push towards focusing on its foundry business and closing the gap with chip-manufacturing giants like TMSC. During Wednesday’s trading session, June 21, Intel (NASDAQ: INTC) stock tanked by 6% ending the day at $32.90 levels. This happened as the Intel company announced a major turnaround
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Shares of Intel reacted poorly to the news that Apple will no longer need Intel chips and has fully transitioned to its own silicon. Intel Corporation (NASDAQ: INTC) shares fell following Apple’s (NASDAQ: AAPL) announcement that its new Mac Pro will use M2 Ultra, a new company-built chip. Apple said the
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Intel was working on developing the Intel Developer Cloud with 256 Xeon chips and 512 Gaudi chips for AI. Upon completion, AI developers will be able to use the technology to train and run new models. Shares of semiconductor corporation Intel Corporation (NASDAQ: INTC) began to pop amid the company’s
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Intel discovered a flaw in the manufacturing of its 7-nm chips that resulted in low-yield output. INTC stock is down.On Thursday, July 23, computing chip giant Intel Corporation (NASDAQ: INTC) announced its Q2 2020 results beating street estimates. Intel reported earnings of $1.23 per share against the expected $1.11 per
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