Intel, Amazon
Down More Than 50%, Can Intel Stock Rebound on New Foundry Plans?
With its shares trading down more than 57% so far in 2024 while the S&P 500 is up roughly 18%, it's pretty clear that Intel (NASDAQ: INTC) is having a difficult year.
Intel Stock Rebound After Over 50% Decline with New Foundry Plans
Intel, (NASDAQ:INTC),has faced significant challenges in 2024, with shares plummeting over 57% while the S&P 500 has risen approximately 18%. The company’s struggles primarily stem from its underperforming foundry business, which manufactures chips both fo...
Mobileye’s stock surges as Intel gives this reassuring sign
That majority shareholder is Intel Corp. which is struggling to get back on track after a series of technological missteps. Intel is also in the midst of a costly bid to regain manufacturing leadership and to serve as a foundry that makes chips for other semiconductor companies.
Intel stock surges 14% on AI chip deal with Amazon
The two companies will co-invest in making "fabric chips" that will be built in a new factory under construction outside Columbus, Ohio.
How Intel Stock Can Surge 3x To $60
Intel stock (NASDAQ: INTC) is trading at about $19 per share, its lowest point in over a decade. Could the stock rise by over 3x per share in the next few years? Does this sound a bit ridiculous? Consider this - Intel stock was trading at levels of about $60 per share just about three years ago.
Opinion
Intel’s stock ranks dead last in the chip sector by this measure
Earlier this week we listed 13 stocks of semiconductor manufacturers and makers of related equipment that were most favored by analysts. Today, we are screening again — this time, focusing on the companies that are least favored in the space. Here are links to the previous two articles in this series:
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvigorate its business.
Intel Lands Amazon Chip Deal Amid Foundry Split, Plant Pullback
Intel Corp. has made a raft of announcements over the past 24 hours in an effort to prove that a turnaround for the troubled chipmaker is starting to bear fruit.
Intel splits off foundry business — new dawn for chip giant as it announces major transformation plans
The most significant transformation of Intel in over four decades” includes $10 billion in cost cutting and foundry business spinoff.
Intel shares soar nearly 8% after multibillion-dollar chip deal with Amazon
EDT, Intel shares were at $21.62, up $0.70 or 3.37 per cent. On Monday, Intel shares had gained 6.4 per cent. The deal provides some respite to Intel's investors as the chipmaker’s shares had fallen nearly 60 per cent this year.
Intel to produce semiconductor chips for Amazon Web Services at New Albany plant
The partnership, which the companies describe as a multi-year, multi-billion-dollar co-investment, comes as Intel continues to build out its $28 billion chip manufacturing complex in New Albany.
You’ll Wish You Hadn't Ignored Intel Stock
Intel will produce the specialized "AI fabric chip" for Amazon, using its 18A manufacturing process, which is the company’s ...
Mobileye Jumps After Intel Says It Won’t Sell Majority Stake
Mobileye Global Inc. shares surged the most in nearly two years after Intel Corp. said it isn’t “currently” preparing to ...
Intel Stock: Finally At The Right Price
Intel stock has surged recently due to positive developments, including an expanded partnership with Amazon AWS. See more on ...
What's Going On With Intel Stock On Tuesday?
Intel Corp (NASDAQ:INTC) stock maintained upward momentum on Tuesday, a day after CEO Pat Gelsinger clarified its ...
Intel's Beaten-Down Stock Is Getting a Reprieve Today
Shares of the chipmaker rose Tuesday, lifted by Monday night's update to CEO Pat Gelsinger’s plans to re-energize the company ...
Intel: A Perfect Example Of Why 'Cheap' Doesn't Always Mean 'Buy'
Intel appears extremely cheap, trading below book value, but lacks the necessary catalysts to justify an investment. See why ...
Huge News for Intel Stock Investors
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What's Going On With Autonomous Driving Stock Mobileye Thursday?
Intel will not divest its majority stake in Mobileye, causing its stock price to rise alongside a U.S. Fed rate cut. Intel ...