Investment bankers had a brutal year. One big reason: a dearth of initial public offerings. Thirty-seven companies went public in 2022 and raised a mere $7 billion, the lowest amount of IPO proceeds s...
Tag: Intel
The bright side of the chip glut: Nvidia, AMD and Intel gaming cards are cheap and very available for Christmas
Plenty of gamers have woken up on Christmas morning in the past two years feeling disappointed that there wasn’t a gaming card under the tree — the gear was too often unavailable, or selling for much ...
Intel Restructures Graphics Chip Division To Win Market Share From Nvidia, AMD
Intel Corp (NASDAQ: INTC) split its graphics-chip organization to grab market share from Nvidia Corp (NASDAQ: NVDA) and Advanced Micro Devices Inc (NASDAQ: AMD). Raja Koduri, who led the Accelerated C...
Crypto Miner Hive Cuts Computing Power Forecast for Intel Chip-Based Rigs
Some of the machines have already been installed, with the rest expected by the end of January. The rigs’ computing power of about 109 terahahes/second (TH/s) per machine is a little over that o...
Apple, AMD confirm they’re among TSMC’s first Arizona customers, while Intel preps for return to cutting edge in 2023
Apple Inc. Chief Executive Tim Cook confirmed at an event Tuesday that the tech giant will be one of Taiwan Semiconductor Manufacturing Co.’s first Arizona fab customers, while Intel Corp. hopes to jo...
Taiwan’s GlobalWafers Breaks Ground On First U.S. Silicon Wafer Plant In More Than Two Decades
GlobalWafers’ logo is seen on a smartphone screen. (Photo Illustration by Pavlo Gonchar/SOPA … [+] Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images I wrote las...
Intel Ireland Hands Out Three Months’ Unpaid Leave To 40% Employees As Part Of Cost Cut Drive
Intel Corp’s (NASDAQ: INTC) Irish operation doled out three months’ unpaid leave to up to 2,000 staff as part of cost-cutting measures. Intel offered the workers at its manufacturing divis...
Secret Network says it resolved risk from Intel hardware vulnerability
The developers of Layer 1 blockchain Secret Network said they resolved a security issue flagged by researchers who highlighted a vulnerability posed by Intel hardware the network used to enable privac...
U.S. Commerce Secretary To Attend Ceremony At TSMC’s New $12 Billion Chip Plant In Arizona On Dec. 6; Biden Invited
Katherine Tai, US trade representative, right, shakes hands with Morris Chang, founder of Taiwan … [+] Semiconductor Manufacturing Company (TSMC), at the Asia-Pacific Economic Cooperation (APEC)...
Intel Foundry Leader to Depart, Shaking Up Gelsinger’s Turnaround Plan
(Bloomberg) — Intel Corp. executive Randhir Thakur, who oversaw a key part of the company’s comeback plan — its push into the contract-manufacturing industry — is leaving the chipmak...
Moderna, Intel And 3 Other Stocks Likely To Rebound In January
An Applied Materials Inc. facility in Santa Clara, California. Photographer: David Paul … [+] Morris/Bloomberg © 2016 Bloomberg Finance LP Stocks that are killed in a given year often come back ...
Intel’s Newest Director Buys Big Block of Stock
On the heels of Intel CEO buying the company’s stock, the chip giant’s newest director also scooped up shares. Lip-Bu Tan, who joined Intel’s (ticker: INTC) board on Sept. 1, paid $1.35 million on Nov...
Asia Power Businesswoman Doris Hsu Talks About GlobalWafers’ New $5 Billion U.S. Plant, Daring Yourself To Achieve
Geopolitical concerns are “a very important point” for customers, Hsu said GlobalWafers The U.S. is working to boost domestic production of semiconductors, and passage of the $52 billion C...
Intel Left In The Lurch As Industrial Manufacturers Switch To Custom Chips
Semiconductors are a modern marvel. The idea something so small can also be so powerful is … [+] mind-blowing. Bettmann Archive One of the biggest trends that nobody is talking about is the race...
6 Hot Insider Trades: Tesla, Intel, Boeing
By Sarina Isaacs and Senad Karaahmetovic Investing.com – Insider trading can serve as a bellwether for investors as the executives leading a company signal confidence – or lack thereof ...
Sell Intel Stock, Analyst Says. Market Share Losses Are the Concern.
An analyst at J.P. Morgan says sell Intel stock, citing concerns about the company’s loss of market share amid ongoing competition and softening PC demand. Following a period of restriction, J.P Morga...
Intel CEO Pat Gelsinger Buys Up Intel, Mobileye Stock
Intel CEO Pat Gelsinger recently has been buying up shares of the chip giant that he helms, but he has spent far more for shares of recently spun-off Mobileye which is developing autonomous driving te...
Intel Shares Cross 5% Yield Mark
In trading on Friday, shares of Intel were yielding above the 5% mark based on its quarterly dividend (annualized to $1.46), with the stock changing hands as low as $28.87 on the day. Dividends are pa...
Intel shares no longer have any meaningful upside: JPMorgan
Intel Corporation (NASDAQ: INTC) has been cut nearly in half this year and a JPMorgan analyst says you shouldn’t cling to the hopes of a swift recovery either. Several headwinds are weighing on Intel ...
Walgreens, Intel, US Bancorp and more
Check out the companies making headlines before the bell: Walgreens (WBA) – The pharmacy chain operator’s stock added 1.5% in the premarket after Deutsche Bank upgraded the stock to buy from hol...
Apple, Amazon, Intel and more
Customers shop at the Apple Fifth Avenue store for the release of the Apple iPhone 14 in New York City, September 16, 2022. Andrew Kelly | Reuters Check out the companies making headlines in midday tr...
Intel Releases Q3 2022 Earnings Report, Plans to Reduce Headcount
With losses here and there in Q3 2022, Intel CEO believes that the economic meltdown may continue till the coming year. Semiconductor company Intel (NASDAQ: INTC) saw its shares rise 7% at extended tr...
Intel Pledges More Cost Cuts as Sales Forecast Misses Estimates
(Bloomberg) — Intel Corp. shares climbed in late trading after the chipmaker pledged to slash costs, an effort to weather a persistent slump in computer demand that is dragging down sales and pr...
Apple, Amazon, Intel, and more
Amazon (AMZN): Shares traded at their lowest level since March 2020 in extended trading on weak fourth-quarter guidance. Amazon sees revenue of $140 billion to $148 billion for its holiday quarter, mi...
Buy Nvidia, AMD, and Qualcomm Stock, Analyst Says. Here’s Why.
After a difficult year for chip stocks, Bernstein is telling investors to take advantage of the share price declines and buy three semiconductor companies that have the best product outlooks. On Frida...