Qualcomm Asked Chip Rival Intel if It Would Consider a Sale
The chipmaker Qualcomm has approached its rival Intel in recent days about the possibility of acquiring the slumping Silicon ...
Pentagon to Manage Intel's Latest $3 Billion Grant Under CHIPS Act
As foreign rivals leave the marquee chip maker behind, Intel gets a boost from the government, which wants to keep some ...
CNN5d
Intel shares jump on chip deal with Amazon
Intel’s struggling chip-making business got a boost Monday from a high-profile client: Amazon. The announcement came after Intel said earlier in the day it would receive up to $3 billion in ...
$30 In Sight for Intel Stock After Amazon AI Chip Win?
Intel stock (NASDAQ: INTC) rallied by close to 6% in Monday’s trading and gained by another 8% in after-hours trading, taking the stock to levels of about $22 per share. Intel stock still remains down ...
Intel scores Amazon AI chip deal, reigniting hopes for a turnaround
The announcement comes after Intel secured up to $3 billion in direct funding under the US CHIPS and Science Act.
SiliconANGLE5d
Intel to spin off chip fab business unit as AWS signs up for custom AI chips
Intel Corp. says it will spin off its chip fabrication business as part of its ongoing plan to put the brakes on a yearslong decline, stem billions of dollars in losses, and prop up its tumbling ...
The New York Times6d
Intel, Aiming to Reverse Slump, Unveils New Contracts and Cost Cuts
In a separate announcement, Intel said it would pause construction of new plants in Germany and Poland by about two years to wait for improved chip demand. But the company reaffirmed plans for ...
MarketWatch2d
Intel’s stock could register biggest two-day gain in 22 years on upbeat foundry moves
Intel INTC also said that it’s deepening its work with Amazon.com Inc.’s AMZN Amazon Web Services on custom chip designs. Back To Top ...