Intel Corporation is a leader in semiconductor manufacturing, specializing in the design and production of advanced integrated circuits and microprocessors that power a wide range of computing devices, from personal computers to data centers and Internet of Things applications. The company is renowned for its innovative technologies that drive performance and efficiency in computing, offering products tailored for various sectors including consumer, enterprise, and mobile markets. In addition to hardware, Intel also invests in software and services to support its ecosystem, fostering advancements in artificial intelligence, cloud computing, and autonomous systems. Through its commitment to research and development, Intel plays a critical role in shaping the future of technology. Read More
Curious about the top performers within the S&P500 index in the middle of the day on Friday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Intel reports strong Q1 results but faces stock decline due to tariff concerns and uncertain revenue forecasts. New CEO Lip-Bu Tan plans cost-cutting measures to enhance efficiency amid economic challenges.
Wall Street's three-day rally came to a pause on Friday, with major indices hovering near the flatline by midday in New York as caution returned amid mixed signals on U.S.-China trade relations.
Intel Corp. CEO Lip Bu Tan is taking action to revive the struggling chipmaker, announcing significant organizational changes just five weeks into his tenure.
Intel CEO Lip-Bu Tan says there are "no quick fixes" as the company works through a long-term turnaround strategy amid a 64% stock drop over five years.
The S&P 500 and the Nasdaq Composite ended Thursday at their highest levels since early April 2, suggesting a return to the levels before the tariff announcement.
