Intel Corp. shares dropped more than 9% in the extended session Thursday after the chip maker reported a big miss for the fourth quarter, forecast a loss for the first quarter, said the data-center ma...
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Get Ready, Tech Investors: Intel and Qualcomm Could Give Gloomy Outlooks
Citi Research predicts Intel and Qualcomm could provide disappointing guidance when they report their December quarter financial results. On Wednesday, analyst Christopher Danely reiterated his Neutra...
Taiwan Semiconductor Braces for Downturn Despite Record Profit
Taiwan Semiconductor Manufacturing has reported a record net profit and beat analysts’ expectations for its fourth quarter but warned of waning demand in 2023. Taiwan Semiconductor (ticker: TSM), the...
FTC’s proposed ban on noncompete agreements could have biggest impact on tech industry
Ryan Morrissey is a serial founder of software companies, having already launched three separate startups. Yet when he sold one of those companies, he had to sign an agreement to not start any more fo...
Opinion: Here are the chip companies that should benefit the most from the government’s massive incentives
The pandemic created enormous challenges for semiconductor companies. Unprecedented demand drove up prices and backlogs for chips and equipment as supply chains faltered. At the same time, concerns gr...
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 ...
AMD Is Morgan Stanley’s Top Chip Stock Pick for Next Year
Morgan Stanley says Advanced Micro Devices stock is providing an attractive buying opportunity on the back of its strong lineup of server processors. On Thursday, semiconductor analyst Joseph Moore ma...
Nvidia stock is top pick as ‘fundamental bottom’ nears for chips, analyst says
After a semiconductor shortage flipped into a glut in 2022, chip stocks are headed for a strong entry point and will lead the broader market in the new year, with Nvidia Corp. the best pick among them...
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...
Google looks to shed 10,000 ‘poor performing’ workers: report
Another major tech titan is bracing for thousands of layoffs. Alphabet Inc.’s GOOGL, +1.45% GOOG, +1.53% Google is considering 10,000 layoffs — or 6% of its worldwide workforce — based on a ranking sy...
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...
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...
Opinion: Intel just had its worst year since the dot-com bust, and it won’t get better anytime soon
Intel Corp. ended 2022 with its worst financial results since the dot-com bust more than 20 years ago, thanks to a double whammy of a downturn in both PCs and data centers that isn’t going to turn aro...