Intel ( INTC -0.70%) stock was gaining ground early in Thursday's trading, but traded lower later in the day. The semiconductor specialist's share price was down 1% as of 3:45 p.m. ET along with a 1.3% decline for the S&P 500 index and a 2.
Horrible, Demoralising Mistake' A fiery backlash has erupted following rumours that Intel and TSMC could form a semiconductor joint venture. One senior Intel engineer warned that handing over control to the Taiwanese chip giant would be a "horrible,
Intel (INTC) stock has been down 43% over the past 12 months, massively underperforming peers in the semiconductor and artificial intelligence
Intel (INTC) and a host of other semiconductor stocks trended down on Tuesday following a report by Bloomberg that the U.S. Department of Commerce is pursuing tighter sanctions to curb China's ability to produce more powerful chips.
Chip giants TSMC (NYSE:TSM) and Broadcom (NASDAQ:AVGO) are exploring potential bids for Intel (NASDAQ:INTC), possibly splitting the semiconductor leader, according to the Wall Street Journal. TSMC is evaluating
Intel Corporation, the semiconductor giant founded in 1968, faces its most significant transformation in nearly six decades, potentially involving the transfer of its foundry operations to TSMC and a consortium of investors.
Reports of anticipated mass layoffs within the National Institute of Standards and Technology are sparking concerns about the future of the CHIPS Act, the federal program providing billions to promote domestic semiconductor manufacturing like the Intel Ohio One plant in New Albany.
Intel says its cutting-edge 18A process node is 'now ready' and that tape-out begins in 1H 2025, ready to compete with semiconductor leader TSMC.
Intel Corporation (NASDAQ: INTC) reported a $19.2 billion net loss for the fiscal year 2024. For some time, it has been the target of a restructuring rumor mill. In September 2024, rumors centered on Qualcomm potentially acquiring Intel’s core semiconductor design business.
Residents and community officials in Licking County, Johnstown, Alexandria and New Albany react to news that Intel's $28 million project is delayed.
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