Intel Corp shares gain 8% on Nasdaq over potential takeover speculations; stock down 60% in 2024
2 months ago

Intel Corp shares gain 8% on Nasdaq over potential takeover speculations; stock down 60% in 2024

Live Mint  

Intel Corp. shares were trading over 8 per cent on Friday, January 17, as media reports emerged that the chipmaking giant is a potential acquisition target. Intel Corp. shares were trading 8.21 per cent higher at $21.29 as of 11:38 a.m., compared to $19.67 at the previous US market close. The company's shares jumped 7.6 per cent in the early trading session, reported the news agency Bloomberg on Friday. The company shares have plunged 60 per cent in the last year, with Intel's current valuation at $85 billion, as per the agency report.

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History of this topic

Intel shares jump 15% as investors bet on new CEO Lip-Bu Tan
1 week, 3 days ago

Intel shares jump 15% as investors bet on new CEO Lip-Bu Tan

India Today  

Shares of Intel surged 14% on Thursday after the company announced Lip-Bu Tan as its new CEO, with investors reacting positively to the decision, as Tan is seen as a strong leader with deep industry connections. TD Cowen analysts said, "Tan in as CEO at Intel was as good as stakeholders could have hoped for," adding that his "deep relationships" …

IndusInd Bank share price extends crash; banking stock sheds 38% market cap in six straight sessions
1 week, 5 days ago

IndusInd Bank share price extends crash; banking stock sheds 38% market cap in six straight sessions

Live Mint  

IndusInd Bank share price declined more than 7% on Wednesday, extending its sharp fall for the sixth straight day. The sharp decline in IndusInd Bank stock price follows the private lender’s disclosure of accounting discrepancies related to internal derivatives. CET-1 for December 2024 would decline by 37 bps to 14.8%, according to estimates by Gaurav Jani, Research Analyst at PL …

Explained: Why IndusInd Bank share price is rising today after 27% crash
1 week, 5 days ago

Explained: Why IndusInd Bank share price is rising today after 27% crash

India Today  

IndusInd Bank shares bounced back on Wednesday after taking a massive hit in the previous trading session. The recovery came after bank promoter Ashok Hinduja reassured investors that the lender's financial health was solid and that it would have full support if any capital needs arose. On Tuesday, shares plunged 27% after the bank admitted to discrepancies in its forex …

IndusInd Bank share price down nearly 20% after internal review finds derivatives portfolio discrepancies
Trending News
1 week, 6 days ago

IndusInd Bank share price down nearly 20% after internal review finds derivatives portfolio discrepancies

Hindustan Times  

IndusInd Bank share price: IndusInd Bank shares fell 20% during the early trading session on Tuesday, March 11, after the private lender announced discrepancies found after an internal review of its derivatives portfolio. IndusInd bank share price: At 10 am IST, the bank's shares were down 19.05% or by ₹ 171.55, trading at ₹ 729.05 on the Bombay Stock Exchange. …

Japan’s Nikkei bounces off 6-month low as chip shares rally
2 weeks ago

Japan’s Nikkei bounces off 6-month low as chip shares rally

Live Mint  

By Brigid Riley TOKYO, March 10 - Japan's Nikkei share average rebounded in choppy trade on Monday as major semiconductor-related shares tracked U.S. peers' gains and investors snapped up deals after last week's heavy losses, although quickly changing tariff policies limited the index's rise. Chip-testing equipment maker Advantest, up 2.7%, offered the biggest lift as Japan's chip-related stocks got a …

SME IT stock zooms 20% following relief rally on Dalal Street. Here’s why
2 weeks, 3 days ago

SME IT stock zooms 20% following relief rally on Dalal Street. Here’s why

Live Mint  

Capital Numbers Infotech share price were locked at 20% upper circuit of ₹185.50 apiece on the BSE Thursday after the company announced signing of a Memorandum of Understanding with Myren Inc. at the Mobile World Congress Barcelona 2025. AI-powered software solutions provider Capital Numbers Infotech said that it signed an MOU with Myren Inc. at the Mobile World Congress Barcelona …

Steel Exchange shares jump 8% after this stock pledge update. Do you own?
3 weeks ago

Steel Exchange shares jump 8% after this stock pledge update. Do you own?

Live Mint  

Small-cap stock below ₹10, Steel Exchange India, gained as much as 8% in intraday trade on Monday, March 3, following an update on stock pledge regarding its promoter Vizag Profiles Private Limited. In an exchange filing on March 1, the promoter informed that it released a pledge on 50,00,000 shares, representing 0.42% of the total share capital, on February 27 …

Tata Steel share price jumps from today’s low after THIS update on ₹3,000 crore fundraising plan
1 month ago

Tata Steel share price jumps from today’s low after THIS update on ₹3,000 crore fundraising plan

Live Mint  

Stock market today: Steelmaker Tata Steel's share price rebounded in trade on Friday, February 21 to trade 2.5% higher over its previous close following an update regarding its ₹3,000 crore fundraising plan. Tata Steel announced via an exchange filing today that its Committee of Directors have approved the allotment of 3,00,000 non-convertible debentures, having a face value of ₹1,00,000 each …

Intel share price gains over 10% after rivals TSMC, Broadcom eye potential split deals; stock up 18% YTD
1 month ago

Intel share price gains over 10% after rivals TSMC, Broadcom eye potential split deals; stock up 18% YTD

Live Mint  

Intel share price: Intel rose over 10 per cent on Tuesday, February 18, after a report over the weekend said rivals Taiwan Semiconductor Manufacturing Co and Broadcom were each eyeing potential deals that could break the chipmaking icon in two. Intel share price today Intel shares climbed as high as $26.24 in New York trading Tuesday, marking the biggest single-day …

Intel’s stock is soaring, but a rescue will be hard to pull off
1 month, 1 week ago

Intel’s stock is soaring, but a rescue will be hard to pull off

Live Mint  

The Trump administration has effectively put a buy rating on Intel’s stock. Citing “discussions from the Asia supply chain," the report said Taiwan Semiconductor Manufacturing—better known as TSMC—could become a joint owner of Intel’s manufacturing business following a spinoff while also having charge of running the facilities. Still, Intel’s position as the only U.S.-based chip maker with leading-edge production capabilities …

Indiabulls Enterprises share price: Penny stock dips after THIS realtor’s profit-booking move
1 month, 2 weeks ago

Indiabulls Enterprises share price: Penny stock dips after THIS realtor’s profit-booking move

Live Mint  

Indiabulls Enterprises share price declined on Thursday after a major shareholder sold a significant stake in the company. Zwina Infrastructure has sold 1.5 crore equity shares of Indiabulls Enterprises, representing 7.56% stake in the company. Zwina Infrastructure is a promoter group entity of Indiabulls Enterprises, and held 5,67,25,150 equity shares, aggregating to 28.60% stake in the company as of December …

Intel fourth-quarter revenue tops expectations as investors await new CEO
Trending News
1 month, 3 weeks ago

Intel fourth-quarter revenue tops expectations as investors await new CEO

The Hindu  

Intel on Thursday posted December-quarter results that beat analysts' low expectations, while its forecast for current-quarter revenue missed estimates as the chipmaker grapples with tepid demand for its data center chips and as investors wait for a new CEO. In its quarterly report after the closing bell, Intel said it expects first-quarter revenue of $11.7 billion to $12.7 billion, compared …

Intel’s CEO search in focus as chipmaker set to post lower revenue
1 month, 3 weeks ago

Intel’s CEO search in focus as chipmaker set to post lower revenue

Live Mint  

By Arsheeya Bajwa - Intel will face investor scrutiny on its CEO search when it reports quarterly results on Thursday, as the chipmaker stares at another big decline in revenue due to weak PC sales and its shrinking share in the datacenter market. Interim co-CEOs, Michelle Johnston Holthaus and David Zinsner, said last month a spinoff of that business may …

Wall Street Today: Tech-heavy Nasdaq down 4%, Nvidia crashes 17%; What’s behind the US stock market rout? 5 key factors
1 month, 3 weeks ago

Wall Street Today: Tech-heavy Nasdaq down 4%, Nvidia crashes 17%; What’s behind the US stock market rout? 5 key factors

Live Mint  

Wall Street Today: US stocks dropped sharply on Monday, January 27, led by technology shares, after surging interest in Chinese startup DeepSeek's low-cost artificial intelligence model rattled Silicon Valley. Here are five key factors that weigh on the US stock market sentiment: 1.China's AI powerhouse DeepSeek rattles Silicon Valley DeepSeek’s app had already hit the top of Apple’s App Store …

Wall Street down in premarket trading: Top tech losers
1 month, 3 weeks ago

Wall Street down in premarket trading: Top tech losers

Hindustan Times  

Wall Street on Monday was forecast to open sharply lower after the launch of the affordable and low-data Chinese generative AI programme that can outperform big-name rivals like ChatGPT, notably in the United States. Wall Street already took a hit Friday following the launch of the Chinese DeepSeek artificial intelligence programme last week. The following shares experienced a hit today …

India’s $556 Billion Equity Rout Seen Worsening as Growth Cools
Trending News
2 months, 1 week ago

India’s $556 Billion Equity Rout Seen Worsening as Growth Cools

Live Mint  

Investors are expecting Indian stocks to post another quarter of losses as a slowdown in economic growth and sticky inflation hurt corporate earnings and foreign flows. READ: India’s Record-Breaking Stock Run Faces Bigger Hurdles in 2025 After hitting multiple new highs last year, India’s nearly $5 trillion equity market has come under pressure due to foreign outflows sparked by fears …

IndusInd Bank share price rallies over 3% amid stock market crash; inflows worth $300 million likely on MSCI weight hike
2 months, 1 week ago

IndusInd Bank share price rallies over 3% amid stock market crash; inflows worth $300 million likely on MSCI weight hike

Live Mint  

IndusInd Bank share price rallied more than 3% on Monday despite a sharp fall in the Indian stock market today, on expectations of significant passive fund inflows due to likely doubling of its MSCI weight. According to Abhilash Pagaria of Nuvama Alternative & Quantitative Research, the recent FII sell-off in IndusInd Bank leaves the headroom comfortably above 25% which could …

Indian shares fall as earnings worries overpower IT gains
2 months, 2 weeks ago

Indian shares fall as earnings worries overpower IT gains

Live Mint  

By Bharath Rajeswaran -Indian bluechip indexes fell on Friday as worries about corporate earnings weighed on sentiment, with IT stocks the sole exception after comments from sector-leader TCS indicated early signs of a demand revival. Both Nifty and Sensex have lost about 2.7% this week due to sustained foreign outflows amid fears of a slowdown in corporate earnings as well …

Indian shares edge lower on worries over likely moderation in earnings
2 months, 2 weeks ago

Indian shares edge lower on worries over likely moderation in earnings

Live Mint  

By Bharath Rajeswaran Jan 9 - India's benchmark indexes fell on Thursday, as worries over a likely moderation in corporate earnings for the December quarter and concerns over fewer rate cuts in the U.S. weighed on sentiment. India's blue-chip indexes have lost about 1.5% so far this week, while smallcaps and midcaps are down 3.5% and 2.7%, respectively, on worries …

Breakout mid-cap stock rises up to 15%: Analysts expect another 12% upside; Here’s why?
3 months ago

Breakout mid-cap stock rises up to 15%: Analysts expect another 12% upside; Here’s why?

Live Mint  

Stock Market Today: Breakout mid-cap stock Intellect Design Arena Ltd rises up to 15%. Share price movement Intellect Design Arena share price opened at ₹861.35 on the BSE on Monday, about 5% higher than the previous close of ₹819.65. Intellect Design Arena share price thereafter ganed further to ₹944.85 during the intraday trades, marking gains of more than 15%. The …

Indian stock market: 7 key things that changed for market overnight - Gift Nifty, US inflation to Nasdaq at record high
3 months, 1 week ago

Indian stock market: 7 key things that changed for market overnight - Gift Nifty, US inflation to Nasdaq at record high

Live Mint  

Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a muted note Thursday following mixed cues from global peers. Asian markets traded higher, while the US stock market ended mixed, with the Nasdaq crossing the 20,000-point milestone for the first time. Gift Nifty Today Gift Nifty was trading around 24,750 level, a …

Bharat Electronics Share Price Today on 29-11-2024: Bharat Electronics share price are up by 0.67%, Nifty up by 0.9%
Trending News
3 months, 3 weeks ago

Bharat Electronics Share Price Today on 29-11-2024: Bharat Electronics share price are up by 0.67%, Nifty up by 0.9%

Live Mint  

Bharat Electronics Share Price Today on 29-11-2024: At 29 Nov 11:22 today, Bharat Electronics shares are trading at price ₹307.8, 0.67% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bharat Electronics Share Price Today on 28-11-2024: Bharat Electronics share price are down by -0.29%, Nifty down by -0.78%
3 months, 3 weeks ago

Bharat Electronics Share Price Today on 28-11-2024: Bharat Electronics share price are down by -0.29%, Nifty down by -0.78%

Live Mint  

Bharat Electronics Share Price Today on 28-11-2024: At 28 Nov 11:11 today, Bharat Electronics shares are trading at price ₹306.35, -0.29% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bharat Electronics Share Price Today on 25-11-2024: Bharat Electronics share price are up by 6.09%, Nifty up by 1.71%
Top News
3 months, 3 weeks ago

Bharat Electronics Share Price Today on 25-11-2024: Bharat Electronics share price are up by 6.09%, Nifty up by 1.71%

Live Mint  

Bharat Electronics Share Price Today on 25-11-2024: At 25 Nov 11:06 today, Bharat Electronics shares are trading at price ₹297.9, 6.09% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bharat Electronics Share Price Today on 22-11-2024: Bharat Electronics share price are up by 1.31%, Nifty up by 0.91%
4 months ago

Bharat Electronics Share Price Today on 22-11-2024: Bharat Electronics share price are up by 1.31%, Nifty up by 0.91%

Live Mint  

Bharat Electronics Share Price Today on 22-11-2024: At 22 Nov 12:04 today, Bharat Electronics shares are trading at price ₹279.1, 1.31% up from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Bharat Electronics Share Price Today on 13-11-2024: Bharat Electronics share price are down by -3.03%, Nifty down by -1.36%
4 months, 1 week ago

Bharat Electronics Share Price Today on 13-11-2024: Bharat Electronics share price are down by -3.03%, Nifty down by -1.36%

Live Mint  

Bharat Electronics Share Price Today on 13-11-2024: At 13 Nov 16:00 today, Bharat Electronics shares are trading at price ₹281.45, -3.03% down from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

NVIDIA stock rallies to record high as Trump’s re-election causes frenzy in AI, chip sector
4 months, 2 weeks ago

NVIDIA stock rallies to record high as Trump’s re-election causes frenzy in AI, chip sector

Firstpost  

The buzz around NVIDIA isn’t just politics. The company has become a major player in the US stock market’s tech rally, driven by a fierce competition among Microsoft, Alphabet, and others in the race to dominate artificial intelligence The AI chip giant saw its stock jump by 2.2 per cent, a bump that propelled NVIDIA's market capitalisation to $3.65 trillion, …

Bharat Electronics Share Price Today on 06-11-2024: Bharat Electronics share price are up by 5.49%, Nifty up by 1.12%
4 months, 2 weeks ago

Bharat Electronics Share Price Today on 06-11-2024: Bharat Electronics share price are up by 5.49%, Nifty up by 1.12%

Live Mint  

Bharat Electronics Share Price Today on 06-11-2024: At 06 Nov 16:01 today, Bharat Electronics shares are trading at price ₹301.85, 5.49% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bharat Electronics Stock Price Today: A Technical and Fundamental Analysis
Trending News
4 months, 3 weeks ago

Bharat Electronics Stock Price Today: A Technical and Fundamental Analysis

Live Mint  

Bharat Electronics share price has seen a significant surge today, with the stock price up by 2.93%. The Nifty has also gained slightly, while Sensex has lost 0.1%. The stock has reached a high of ₹294.6 and a low of ₹282.3 during the day, indicating potential support and resistance levels at these levels. The company's fundamental analysis shows a moderate …

Bharat Electronics Stock Price Today: Technical and Fundamental Analysis Indicates Bearish Trend
Trending News
4 months, 3 weeks ago

Bharat Electronics Stock Price Today: Technical and Fundamental Analysis Indicates Bearish Trend

Live Mint  

Bharat Electronics share price is up by 0.76% today, while the Nifty is down by -0.68%. The stock has hit a high of ₹276 and a low of ₹271 during the day, and is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock has key support levels at ₹265.58, ₹261.22, & ₹255.03, and key …

Chip maker’s shares plunge in record single-day value loss for a US firm
6 months, 2 weeks ago

Chip maker’s shares plunge in record single-day value loss for a US firm

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shares in US chip maker …

IT leads rise in Indian shares
7 months ago

IT leads rise in Indian shares

Hindustan Times  

By Bharath Rajeswaran and Kashish Tandon IT leads rise in Indian shares BENGALURU -Indian shares tracked Asian peers higher on Tuesday, led by information technology stocks, on hopes the U.S. Federal Reserve will start cutting rates from September. Expectation of a sharp U.S. rate cut in September and data showing that U.S. economy will most likely avoid a recession are …

Intel sells stake in chip designer Arm Holdings
7 months, 1 week ago

Intel sells stake in chip designer Arm Holdings

Hindustan Times  

Intel, which is cutting thousands of jobs as it struggles to stay relevant in the chip industry, sold its 1.18 million share stake in British chip firm Arm Holdings in the second quarter, a regulatory filing showed on Tuesday. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Intel would have raised about $146.7 million from the sale, based on the average price of Arm's …

Intel to lay off 17,500 employees, suspend dividend in turnaround plan; stock plunges
7 months, 3 weeks ago

Intel to lay off 17,500 employees, suspend dividend in turnaround plan; stock plunges

Live Mint  

Intel share price plunged 20% in extended trade, losing more than $24 billion in market value, after the chipmaker announced job cuts and suspension of its dividend. Intel said it would cut more than 15% of its workforce, around 17,500 people, and suspend its dividend starting in the fourth quarter amid plans of a turnaround focused on its money-losing manufacturing …

Chipmaker Intel to cut 15,000 jobs as tries to revive its business and compete with rivals
7 months, 3 weeks ago

Chipmaker Intel to cut 15,000 jobs as tries to revive its business and compete with rivals

Associated Press  

Chipmaker Intel says it is cutting 15% of its huge workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD. “Intel’s announcement of a significant cost-cutting plan including layoffs may bolster its near-term financials, but this move alone is insufficient to redefine its position in the …

Intel to cut more than 15% of workforce as it cuts costs to try to turn chip business around
7 months, 3 weeks ago

Intel to cut more than 15% of workforce as it cuts costs to try to turn chip business around

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chipmaker Intel Corp. is cutting …

US stock market: Intel shares buck the chips rout, rise 8%
8 months ago

US stock market: Intel shares buck the chips rout, rise 8%

Live Mint  

Intel Corp. shares bucked the chips rout on Wednesday, rising as much as 8.2 per cent on speculations that the company could benefit from policies under either a Biden or Trump administration. Chip stocks plunged on worries over trade curbs on companies giving China access to advanced semiconductor technology. According to a Bloomberg report, the Biden administration has told US …

Godrej Properties share price hits 52-week high, as company announces 11-acre project in Pune
8 months, 3 weeks ago

Godrej Properties share price hits 52-week high, as company announces 11-acre project in Pune

Live Mint  

Godrej Properties Ltd., a subsidiary of Godrej Industries, a real estate developer in India, has announced its plans to develop an 11-acre land parcel in Hinjewadi, Pune, on July 1. Gaurav Pandey, MD & CEO of Godrej Properties, said, "Hinjewadi is an important micro market for us in Pune, and we are happy to add this land parcel to our …

Tata Motors share price: Why did automaker giant's stock plunge by 9%?
10 months, 1 week ago

Tata Motors share price: Why did automaker giant's stock plunge by 9%?

Hindustan Times  

Tata Motors share price: Tata Motors witnessed a major decline in its shares, plummeting around 9 per cent, following disappointing March quarter earnings that failed to impress investors. Tata Motors Tata Motors share prices The 30-share BSE Sensex was down by 161 points at 72,504, while the NSE Nifty was quoted 35 points lower at 22,022. Tata Motors experienced a …

Explained: Why did the Indian stock market plunge today?
1 year, 5 months ago

Explained: Why did the Indian stock market plunge today?

Hindustan Times  

Indian equity markets suffered significant losses on Monday as both, the 30-share BSE Sensex and 50-share NSE Nifty, plunged by over 1.25%. 1- Rising tensions in the Middle East Market experts have attributed the significant fall in Sensex and Nifty to multiple factors, but have agreed that it was primarily due to the rising geopolitical tensions in the Middle East …

Intel Posts Biggest Loss In Company History In Q1: Report
1 year, 10 months ago

Intel Posts Biggest Loss In Company History In Q1: Report

ABP News  

Chipset-making giant Intel Corp posted its first quarter earnings, barely beating analysts' expectations while reporting the largest quarterly loss in the company's history, the media has reported. Intel's Q1 results showed a staggering 133 per cent annual reduction in earnings per share while revenue dropped nearly 36 per cent year over year to $11.7 billion, says a report by CNBC. …

Intel Sees More Losses as PC Makers Sharply Cut Chip Buying In 2023
2 years, 1 month ago

Intel Sees More Losses as PC Makers Sharply Cut Chip Buying In 2023

News 18  

-Intel Corp said it expects to lose money in the current quarter, surprising investors with a bleaker-than-expected outlook for both the PC market and slowing growth in its key data center division. "We expect some of the largest inventory corrections literally that we've ever seen in the industry taking place that's affecting the Q1 guide in a meaningful way," Intel …

Nasdaq falls as US export controls on China weigh on chip stocks
2 years, 5 months ago

Nasdaq falls as US export controls on China weigh on chip stocks

Live Mint  

The Nasdaq hit a two-year low on Monday as chipmakers bore the brunt of US efforts to hobble China's semiconductor industry, while caution reigned ahead of the start of the earnings season. The Philadelphia SE Semiconductor index tumbled 3.5% to also touch a two-year low, after the Biden administration published a set of export controls on Friday, including a measure …

Why is share market down today?
2 years, 9 months ago

Why is share market down today?

India Today  

Key equities in share markets dropped more than 1 per cent on Tuesday ahead of a possible rate decision from the country's central bank, while global investors awaited US inflation data and key rate decisions in Europe. Financial services platform PB Fintech fell 8.3 per cent after it said the firm's chief executive intends to sell 3.8 million shares via …

Intel forecasts gloomy quarter on supply-chain woes, shares fall
2 years, 10 months ago

Intel forecasts gloomy quarter on supply-chain woes, shares fall

The Hindu  

Chipmaker Intel Corp forecast second-quarter revenue and profit below Wall Street expectations on Thursday on worries of weak demand in its largest end market, PCs, and increased supply-chain uncertainty due to COVID-19 lockdowns in China. Revenue at Intel's Client Computing Group, which supplies PC makers and is the largest contributor to the company's revenue, fell 13% to $9.3 billion in …

Intel investing $20 billion in new US chipmaking plants as part of turnaround plan
4 years ago

Intel investing $20 billion in new US chipmaking plants as part of turnaround plan

CNN  

New York CNN Business — Intel CEO Pat Gelsinger has only been on the job for about a month. Intel unveiled several major initiatives — including a $20 billion investment in two new US chipmaking facilities — aimed at reasserting its position as the undisputed leader of the semiconductor industry, a claim many experts have said the company lost in …

Intel ready to work with hedge fund
4 years, 2 months ago

Intel ready to work with hedge fund

The Hindu  

Intel's shares rose sharply Tuesday after the computer chip giant said it was prepared to work with a hedge fund on changes to its business to boost shareholder value. "Intel Corporation welcomes input from all investors regarding enhanced shareholder value," the California tech giant said. Third Point's letter said Intel should consider outsourcing its manufacturing operations to keep pace with …

Intel’s stock plunges as work on new computer chip bogs down
4 years, 7 months ago

Intel’s stock plunges as work on new computer chip bogs down

Associated Press  

SAN RAMON, Calif. — Intel is falling further behind in the race to build faster and more powerful computer chips, a nagging problem that may force the Silicon Valley pioneer to seek help from other manufacturers as it scrambles to catch up in the technological arms race. The unexpected snag means Intel’s 7-nanometer processing technology won’t be ready until the …

Intel raises revenue forecast on signs of PC market rebound
8 years, 6 months ago

Intel raises revenue forecast on signs of PC market rebound

Live Mint  

New York: Intel Corp. raised its forecast for third-quarter sales Friday, citing a recovery in the computer market. In April, Intel said it was cutting 12,000 jobs, or 11% of its workforce, as chief executive officer Brian Krzanich shifts the company’s focus to new segments such as chips for wireless devices. Now Intel is seeing signs of “replenishment of PC …

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