Intel Announces Retirement of CEO Pat Gelsinger
Intel Corporation (NASDAQ:
INTC) today announced that CEO Pat Gelsinger retired from the company after a distinguished 40-plus-year career and has stepped down from the board of directors, effective Dec. 1, 2024.
Gorilla Technology Group Adds Tech Luminary Thomas Sennhauser to Board of DirectorsLondon, United Kingdom--(Newsfile Corp. - December 2, 2024) - Gorilla Technology Group Inc. (NASDAQ:
GRRR) ("Gorilla" or the "Company"), proudly...
Intel and Biden-Harris Administration Finalize $7.86 Billion Funding Award Under US CHIPS Act
Intel Corporation and the Biden-Harris Administration announced today that the U.S. Department of Commerce and Intel have reached agreement on terms to award the company up to $7.86 billion in direct funding for its commercial semiconductor manufacturing projects under the U.S. CHIPS and Science Act. The award will support Intel’s previously announced plans to advance critical semiconductor manufacturing and advanced packaging projects at its sites in Arizona, New Mexico, Ohio and Oregon. Intel also plans to claim the U.S. Treasury Department’s Investment Tax Credit, which is expected to be up to 25% of qualified investments of more than $100 billion.
Intel Corporation to Participate in Upcoming Investor Conferences
Intel Corporation today announced that company executives will participate in the following investor events:
Sixunited Intelligent Shines at Intel LOEM Summit 2024, Paving the Way for a New Blueprint in Smart TechnologyFrom November 5 to 7, the highly anticipated Intel LOEM Summit 2024 took place at the Shangri-La Hotel in Bangkok, Thailand. With the theme "Bringing AI Everywhere," the summit gathered prominent ODM manufacturers, system integrators, and industry experts from around the world to explore future trends in smart technology. As a core partner of Intel, Sixunited Intelligent not only participated actively in this technology showcase but also unveiled an impressive array of new products and hosted unique Thai-themed activities, presenting a captivating fusion of technology and culture to global partners.
Intel Reports Third-Quarter 2024 Financial Results
Intel Corporation today reported third-quarter 2024 financial results.
Ice Dazzle, the Lab-Grown Diamond Leader, Creates Bespoke Environmentally Sustainable Pendants for NRG’s event: NRG x Intel Clout ClashLOS ANGELES - October 21, 2024 - Ice Dazzle, the lab-grown diamond leader and e-commerce fine jewelry brand, today announced a collaboration with the esports organization NRG to produce fully custom pendants for NRG. The pendants were presented as awards to NRG’s esports Clout Clash winners in October, 2024. The look of the pendants is based on an Intel inspired CPU computer chip design. Ice Dazzle made the pendants from the finest environmentally sustainable lab-grown diamonds.
Centific and Denvr Dataworks, in Collaboration with Intel, Revolutionize Enterprise AI with Centific Frontier AI Data Platform on Intel Gaudi 3Energy, consumer, retail, and healthcare sectors can now leverage their private data to execute inference use cases with minimal upfront costs and unparalleled AI innovation.
AllStreet Expands Its Presence in Columbus, Ohio, Bringing Positive Change to the Housing MarketNew York, NY - October 15, 2024 - AllStreet, a specialized single-family rental fund, today announced its expansion into the Columbus, Ohio market. This move aligns with the fund’s mission to create high-quality, well-managed housing options while contributing to the region’s growing economy. AllStreet’s expansion is expected to benefit both residents and investors by delivering well-maintained rental homes and addressing the increasing demand for stable, community-focused housing.
Intel and AMD Form x86 Ecosystem Advisory Group to Accelerate Innovation for Developers and Customers
Intel Corp. (INTC) and AMD (NASDAQ:
AMD) today announced the creation of an x86 ecosystem advisory group bringing together technology leaders to shape the future of the world’s most widely used computing architecture. x86 is uniquely positioned to meet customers’ emerging needs by delivering superior performance and seamless interoperability across hardware and software platforms. The group will focus on identifying new ways to expand the x86 ecosystem by enabling compatibility across platforms, simplifying software development, and providing developers with a platform to identify architectural needs and features to create innovative and scalable solutions for the future.
Personal Injury Legal Intel Site Accident Claims Blawg Reaches 850+ PostsLos Angeles, CA - Accident Claims Blawg, a leading online resource for personal injury law, has proudly announced a significant milestone: the publication of over 850 blog posts. This platform serves as an essential hub for individuals seeking information and guidance on personal injury claims, covering an extensive array of topics ranging from workplace injuries to motor vehicle accidents.
3 Mid-Cap Stocks Under $20 With Insider Buying and Major UpsideThese three undervalued mid-cap stocks combine a price below $20 and heavy insider buying; that's a formula for impressive gains
Intel to Report Third-Quarter 2024 Financial Results
Intel Corporation today announced that it will report third-quarter 2024 financial results on Thursday, October 31, 2024, promptly after close of market. Intel will then hold an earnings conference call at 2 p.m. PDT that day to discuss the results.
3 Momentum Trades Too Good Pass UpCheck out these three stocks each up over 60% in the past twelve months. Their strong paths for growth can help keep their momentum stories going.
Software-Related Stocks Have Outperformed Semiconductors Over the Past Three Months. Will It Continue?Semiconductor stocks started 2024 strong. By July 2024, the iShares Semiconductor ETF (NYSE:
SOXX) was up just under 40% YTD.
Intel Unveils Next-Generation AI Solutions with the Launch of Xeon 6 and Gaudi 3
As AI continues to revolutionize industries, enterprises are increasingly in need of infrastructure that is both cost-effective and available for rapid development and deployment. To meet this demand head-on, Intel today launched Xeon 6 with Performance-cores (P-cores) and Gaudi 3 AI accelerators, bolstering the company’s commitment to deliver powerful AI systems with optimal performance per watt and lower total cost of ownership (TCO).
Intel’s Spin-Off Strategy: A Bargain Hiding in Plain Sight?Semiconductor manufacturer Intel Co. (NASDAQ:
INTC) has lost its luster among investors, trading down 56.5% year-to-date (YTD).
4 Reasons GlobalFoundries Could Be a Big Winner After Recent LowsGlobalFoundries Inc. (NASDAQ:
GFS) is a leading global semiconductor foundry that makes chips for AMD, Broadcom, Qualcomm, Cirrus Logic, and NXP Semiconductors.
Jump on Intel Now: Qualcomm’s Bid Could Ignite a RallyIntel stock's discount is so steep today that investors across the board have started to show some new activity to favor a potential doubling in the stock
Capitalize on Micron’s 24% Drop—Wall Street Eyes Major UpsideMicron stock's discount after BNP Paribas analysts send a warning of potential oversupply affecting the semiconductor industry's profit margins
Intel: Why It's Time to Reconsider This Beaten-Down ChipmakerIntel stock is now at such a low price that some on Wall Street have decided to jump into the stock to forecast massive EPS growth and higher valuations
Intel and AWS Expand Strategic Collaboration, Helping Advance U.S.-Based Chip Manufacturing
Intel Corp. (INTC) and Amazon Web Services. Inc. (AWS), an Amazon.com company (NASDAQ:
AMZN), today announced a co-investment in custom chip designs under a multi-year, multi-billion-dollar framework covering product and wafers from Intel. This is a significant expansion of the two companies’ longstanding strategic collaboration to help customers power virtually any workload and accelerate the performance of artificial intelligence (AI) applications.
Intel Awarded up to $3B by the Biden-Harris Administration for Secure Enclave
The Biden-Harris Administration announced today that Intel Corporation has been awarded up to $3 billion in direct funding under the CHIPS and Science Act for the Secure Enclave program. The program is designed to expand the trusted manufacturing of leading-edge semiconductors for the U.S. government.
3 Undervalued Stocks That Are Too Cheap to Ignore Right NowThree stocks stand out as potential discounts to show investors where the next opportunity could be for the coming quarters, Wall Street analysts agree
Micron Technology: 4 Reasons to Buy the 44% Price DipMemory chip maker Micron Technology Inc. (NASDAQ:
MU) was the toast of the town when its stock was trading at $157.41 on June 18, 2024.