Intel is making some smart moves in its turnaround plans, such as shedding some noncore businesses, spinning off shares of its attractive automotive business (Mobileye), and seeking innovative ...
Thus far, semiconductor behemoth Nvidia ( NVDA 3.97%) has been the undisputed beneficiary of the rise of AI. But according to ...
The company also announced an expanded deal with Amazon, in which the two companies will co-invest in custom chip designs. Intel's foundry will also produce artificial intelligence (AI) fabric chips ...
Microsoft announced a new stock buyback program of up to $60 billion and a 10% increase in its quarterly dividend to $0.83.
Intel's stock has plummeted due to disappointing earnings, but the current low price and potential strategic moves suggest it ...
Intel (INTC – Research Report), the Technology sector company, was revisited by a Wall Street analyst yesterday. Analyst Ross Seymore ...
In 2020, Luminar signed the industry’s first production deal for autonomous consumer vehicles with Volvo Cars, while also striking deals with Daimler Truck AG and Intel’s Mobileye. The collaboration ...
Intel said on Thursday it had no plans to sell its majority stake in Mobileye Global , sending shares of the self-driving ...
Mobileye Global Inc. shares surged the most in nearly two years after Intel Corp. said it isn’t “currently” preparing to ...
Intel said it has no plans to sell its majority stake in self-driving technology firm Mobileye, ruling out one potential cost ...
Shares of Mobileye Global (MBLY) are trading higher after being excluded from Intel's (INTC) updates about the chip company's "next phase of transformation." This comes after Bloomberg reported ...
Intel's subsidiary Mobileye has recently decided to stop internal research and development of self-driving automotive FMCW LiDAR. The LiDAR R&D department is expected to be closed down before the ...