Intel Stock Rebound After Over 50% Decline with New Foundry Plans
Intel, (NASDAQ:INTC),has faced significant challenges in 2024, with shares plummeting over 57% while the S&P 500 has risen approximately 18%. The company’s struggles primarily stem from its underperforming foundry business, which manufactures chips both fo...
Intel CEO Pat Gelsinger informed employees that the company is transforming its foundry arm into an independent subsidiary, ...
Many still regard Intel as one of the greatest American companies. However, recent struggles have led to a less flattering ...
Mobileye Global Inc. shares surged the most in nearly two years after Intel Corp. said it isn’t “currently” preparing to ...
The chipmaker, which has been struggling, said on Monday that it obtained a new government grant, signed a contract with ...
SALEM, Ore. (AP) — Oregon Gov. Tina Kotek is using a new land use law to propose a rural area for a semiconductor facility, ...
Intel stock remains a hold despite being at multi-year lows due to poor earnings, weak guidance, and management struggles.
Lilbits: Intel Foundry to operate as a subsidiary, HTC Vive Focus Vision XR is a premium headset, and Bose unveils "Personal ...
Reports are suggesting that Intel is planning to launching its new Core Ultra 200 gaming CPUs a week later than originally ...
ROUND ROCK, Texas — New Albany is bracing for the expected growth from Intel as it continues to build its facilities in ...
Company will make manufacturing operations an independent subsidiary and pause construction on plants in Europe and Asia.
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