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Intel, Amazon
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.
Intel Teams Up With Amazon. Is the Chip Stock a Buy Now?
After hanging on the ropes for much of August and September, Intel (INTC -3.26%) is suddenly having a banner week. The stock jumped yesterday after the company secured $3 billion
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 stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the market opens Tuesday 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 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.
Intel's Amazon chip deal lifts investor confidence in money-losing foundry unit
Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal with Amazon's cloud business provided a major stamp of approval for its struggling contract manufacturing business. The chipmaker will build custom AI chips for Amazon Web Services (AWS) as part of the multibillion-dollar deal.
Intel’s German Plant Delay Lands a Blow to EU’s Chip Ambitions
Intel Corp.’s decision to postpone its planned factory in Germany marks a setback for the European Union’s semiconductor ambitions and will reignite controversy in Berlin over where to allocate €10 billion ($11 billion) in earmarked subsidies.
43m
How Boeing and Intel went from market kings to paupers
Boeing and Intel suffered stock price losses due to poor management and bad decisions. Boeing put profit before safety, Intel misjudged the GPU-CPU contest.
2d
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 ...
1d
on MSN
Huge News for Intel Stock Investors
Fool.com contributor Parkev Tatevosian discusses the latest developments for Intel (NASDAQ: INTC) stock investors. *Stock ...
6h
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 ...
3d
on MSN
Intel’s Latest Plans Send Its Stock Soaring—What You Need To Know
Intel shares surged in extended trading Monday after CEO Pat Gelsinger offered an update on the company’s plans to cut costs ...
3d
Why Intel Stock Is Gaining Today
Investors hoping that support from the U.S. government will power Intel's turnaround got some good news recently.
2d
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 ...
2d
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 ...
2d
on MSN
Stock market today: Wall Street stays stuck in place as it counts down to a rate cut
U.S. stock indexes remained stuck in place as Wall Street made few big moves ahead of what’s expected to be the first cut to ...
2d
on MSN
Don’t let Intel’s stock pop fool you: ‘Things are likely to remain a struggle,’ analyst says
Despite some positive foundry developments, numerous analysts see challenges ahead for Intel as it tries to reclaim ...
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