Intel finally gives Wall Street good news - Yahoo Finance
WEB1 day ago · QCOM. AMD. After a disastrous second quarter earnings report in August that resulted in the worst trading day for the company’s stock in 40 years, Intel (INTC) CEO Pat Gelsinger finally has some ...
Intel Awarded up to $3B by the Biden-Harris Administration for …
WEB3 days ago · SANTA CLARA, Calif., September 16, 2024 – 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 …
Intel stock surges on plans to make AI chips for Amazon and to …
WEB2 days ago · 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.. CEO Pat Gelsinger said in a message to employees late Monday that Intel will create an AI fabric chip for Amazon’s cloud services division at its foundry business, a ...
A message from Intel CEO Pat Gelsinger to employees regarding …
WEB2 days ago · This news, combined with our AWS announcement, demonstrates the continued progress we are making to build a world-class foundry business. Greater independence for Intel Foundry. To build on our progress, we plan to establish Intel Foundry as an independent subsidiary inside of Intel. This governance structure will complete the process we ...
Newsroom Home - Intel
WEBIntel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges.
Intel awarded up to $3 billion under CHIPS Act - CNBC
WEB3 days ago · The Biden administration on Monday awarded Intel up to an additional $3 billion under the CHIPS and Science Act for the “Secure Enclave” program, which is designed to expand the supply of ...
Intel Reports Second-Quarter 2024 Financial Results ... - Intel …
WEBAug 1, 2024 · Intel Reports Second-Quarter 2024 Financial Results; Announces $10 Billion Cost Reduction Plan to Increase Efficiency and Market Competitiveness. NEWS SUMMARY. Second-quarter revenue of $12.8 billion, down 1% year over year (YoY). Second-quarter GAAP earnings (loss) per share (EPS) attributable to Intel was $ (0.38); non-GAAP EPS attributable ...
Intel and Biden Admin Announce up to $8.5 Billion in Direct …
WEBMar 20, 2024 · Intel and Biden Admin Announce up to $8.5 Billion in Direct Funding Under the CHIPS Act. Proposed funding, coupled with an investment tax credit and eligibility for CHIPS Act loans, would help Intel advance American semiconductor manufacturing and technology leadership in the AI era. NEWS HIGHLIGHTS.
Biden administration awards Intel up to $3 ... - NBC 6 South Florida
WEB2 days ago · In March, the Biden administration awarded Intel with up to $8.5 billion under the CHIPS and Science Act. The Biden Administration on Monday awarded Intel up to an additional $3 billion under the ...
Biden is giving Intel $8.5 billion to build in Arizona and 3 other ...
WEBMar 20, 2024 · The investment by Intel will give the United States a foothold in leading-edge logic chips — the kind of semiconductors used for artificial intelligence and military systems.