Tag: intel
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Explained: How Germany will expand intel powers, and why
The government says the reforms are needed to tackle foreign threats from spying, sabotage, hybrid warfare and cyberattacks. The new powers will give intelligence services more freedom to conduct covert operations.
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Intel plans $15 billion share sale as turnaround rally lifts stock
Aug 10 : Intel on Monday said it is planning to raise $15 billion through a share sale, as it looks to fund the costly build-out of its chip contract manufacturing business by cashing in on a stock surge fueled by its turnaround efforts.Once a dominant force in the global chip industry, Intel is investing…
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Intel launches $15 billion share sale as turnaround rally lifts stock
Aug 10 : Intel is planning to raise $15 billion through a share sale, the U.S. chipmaker said on Monday as it looks to fund the costly build-out of its chip contract manufacturing business by cashing in on a stock surge fueled by its turnaround efforts.Once the dominant force in the global chip industry, Inte
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Exclusive-Intel providing chip technology to startup led by co-investor of Tan in rare deal
SAN FRANCISCO/WILMINGTON, Delaware, July 29 : Intel has provided access to some of its processor technology to a new startup, according to a source and documents reviewed by Reuters, in a rare move for the U.S. chipmaker.Intel CEO Lip-Bu Tan and the startup’s boss are longtime co-investors. The startu
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Intel rises as strong forecasts signal AI boost for turnaround
July 24 : Intel’s shares rose 6 per cent in premarket trading on Friday after bullish forecasts signaled the AI boom was propelling the chipmaker’s long-awaited turnaround. The company forecast third-quarter revenue above Wall Street expectations and raised this year’s capital expenditure estimate to $20
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Intel forecast crushes estimates as AI boom boosts chip demand; shares jump
July 23 : Intel forecast quarterly profit and revenue above estimates on Thursday, pushing its shares up 10 per cent in after-hours trade, and boosted spending plans over the next two years as an AI data center buildout increases demand for its central processing units (CPUs). The company expects third-quarte
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Intel sales, profit forecast beat estimates; company boosts spending plans on AI boom
July 23 : Intel forecast quarterly profit and revenue above estimates on Thursday, pushing its shares up 12 per cent in after-hours trade, and boosted spending plans over the next two years as an AI data center buildout increases demand for its central processing units (CPUs). The company expects third-quarte
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Intel results to test if AI-fueled rally has room to run
July 22 : Intel’s results on Thursday will show whether the American chip icon has the numbers to back a Wall Street rally that has sent its shares nearly three times higher this year, as its turnaround push wins over investors and the AI buildout powers demand. Analysts expect the company to report its fast
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Intel turns to next-generation ASML tool to help make its laptop chips
SAN FRANCISCO, July 14 : Intel has decided to use a high-end machine from ASML to manufacture some of its flagship Panther Lake laptop chips, ASML said on Tuesday, a move that will help the chipmaker learn to use the tool more effectively.Following experiments that began in 2024, Intel has begun to use ASML’s
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Intel announces $5.7 billion AI-driven capital investment in Ireland
LEIXLIP, Ireland, July 13 : Intel has begun a €5 billion ($5.7 billion) capital investment to upgrade its Irish campus and expand its European output to meet growing global demand for AI and high-performance computing, the U.S. chipmaker said on Monday.Intel said the move would upgrade and maximize capacity
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