Tag: $Intel Corp.

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 at its 

Inte ’s stock rose 9% in premarket trading on Thursday, after President Donald Trump said the semiconductor company had agreed to a deal with Apple to design and build chips in the U.S.

Intel is teaming up with Apple supplier Foxconn to develop artificial-intelligence infrastructure—but that wasn’t enough to stop the chip manufacturer’s stock from sliding on Thursday.

Apple Inc. has held exploratory discussions about using Intel Corp. and Samsung Electronics Co. to produce the main processors for its devices in the US, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing Co.

Demand for Intel’s central processors from firms offering AI services ​was so strong in the first quarter that it sold even chips it had originally ‌written off, a remarkable turnaround that sent the company’s shares soaring on Friday.

In addition to running Intel, Lip-Bu Tan is chairman of artificial intelligence chipmaker SambaNova, which he first invested in eight years ago. Now Intel is pumping money into the startup as it tries to take on industry leader Nvidia.

Intel reported fourth-quarter earnings Thursday that beat Wall Street expectations but offered soft guidance for the current quarter.

Intel stock rose 2.7% in after-hours trading on Thursday following positive comments from President Donald Trump on social media. Trump highlighted a recent meeting with Intel CEO Lip-Bu Tan, praising the company’s launch of “the first SUB 2 NANOMETER CPU PROCESSOR designed, built, and packaged right here in the U.S.A.”

Nvidia (NVDA) has purchased Intel shares worth $5 billion, the American semiconductor firm (INTC) said in a filing on Monday, carrying out a transaction announced in September.

Intel stock held a sharp hike in pretrading on Monday, after the stock surged on Friday when an analyst predicted the chip giant was nearing a deal to supply Apple in 2027.

The Chinese government has issued guidance requiring new data centre projects that have received any state funds to only use domestically-made artificial intelligence chips, two sources familiar with the matter told Reuters.

Intel (INTC.O), shares surged nearly 9% in premarket trading on Friday as investors rallied behind CEO Lip-Bu Tan’s aggressive cost-cutting measures that helped the chipmaker surpass quarterly profit estimates and regain stability amid a flurry of high-stakes bets on future growth.

Intel(INTC) was rising early Thursday as the market bet investment from the likes of Apple(AAPL) could boost the chip company.

Intel shares jumped over 24% in pre-market on Thursday, trading above $31, a level not seen since July 2024, after Nvidia announced a $5 billion investment in the chipmaker.

Intel said on Monday that the 10% stake by the U.S. government in the chipmaker could pose risks to its business, from potentially harming international sales to limiting its ability to secure future government grants.

Intel (INTC.O), is getting a $2 billion capital injection from SoftBank Group (9984.T), in a major vote of confidence for the troubled U.S. chipmaker in the middle of a turnaround.

Intel stock jumped at the end of trading on Thursday and looked set for more gains Friday after a Bloomberg report said the U.S. government is in talks to take a stake in the chip maker.

Intel (INTC) stock jumped more than 3% in premarket trading on Tuesday after CEO Lip-Bu Tan met with President Trump, who had called for Tan’s resignation last week.

Intel shares were under pressure Thursday after President Donald Trump called for the chipmaker’s CEO to resign immediately.  Intel dropped in the premarket on the back of that post, last trading 5% lower.

The production process that Intel (INTC.O), hoped would pave the way to winning manufacturing deals and restore its edge in churning out high-end, high-margin chips is facing a big hurdle on quality as it puts newer technologies to the test, two people briefed on the matter told Reuters.