The once-hated stock is starting to win some fans.
Intel's older server CPUs are built on the Intel 7 process node, which is the company's 10nm-class manufacturing technology.
Intel ( INTC) stock climbed more than 7% Tuesday as investment firm KeyBanc upgraded shares to Overweight from Sector Weight, ...
Since 2021, Intel has pledged over $100 billion towards global manufacturing expansion, anchored by significant new fabs in ...
Analysts have a muted view on Intel stock in 2026. Their consensus estimate is that shares will be around $38.31 in 12 months. That was below the company’s stock price in early 2026 (around $44 per ...
In an email to CRN, Intel says it would not be going ahead with plans to offload its Network and Edge Group, also known as NEX, after all. Intel on Wednesday revealed that it would be holding onto its ...
Intel said Thursday it plans to slash its headcount to 75,000 by the end of this year, down from 99,500 at the end of 2024. The Santa Clara, Calif.-based chipmaker disclosed the layoff goals as it ...
Intel Corp. plans to spin off its NEX networking business into an independent company with help from external investors. CRM reported today that Sachin Katti, the unit’s senior vice president and ...
Intel received $5.7 billion in CHIPS Act funding as part of a deal that gives the US government a 10% stake in the struggling chipmaker, the company said. Intel finance chief David Zinsner said the ...
Investors may have cheered Nvidia's (NVDA) announcement that it will take a $5 billion stake in Intel (INTC), with shares of the latter soaring as much as 30% Thursday. But the investment does little ...
Intel has returned to profitability after six straight quarters of losses, reporting a net income of roughly $4.1 billion. The company's turnaround is supported by a deal with NVIDIA and cost-cutting ...
Once the dominant player in chips, Intel has struggled to keep pace with rivals over the past decade. An executive discussed the company’s AI strategy and future direction, driven by the launch of its ...
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