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Dow ends lower, with S&P flat, as Intel’s outlook weighs on risk appetite
Jan 23 (Reuters) – The Dow Jones Industrial Average stumbled to a lower close on Friday, while the S&P 500 ended largely unchanged, as investors’ risk appetite was dimmed at the end of a topsy-turvy week by Intel’s plunge on a downbeat outlook. All three Wall Street benchmarks had rebounded in the past two sessions […]
Intel shares tumble as supply chain snarls hamper turnaround
Intel shares fell sharply after the chipmaker warned supply constraints would limit its ability to meet AI-driven demand.
Intel results to spotlight turnaround efforts as AI data centers boost chip demand
Intel shareholders are increasingly optimistic as CEO Lip-Bu Tan’s turnaround plan boosts data center demand and shares.
Wall Street edges higher as markets eye record week
Wall Street opened slightly higher Friday as Nvidia and Intel extend gains, while FedEx and Lennar earnings move individual stocks.
Nvidia invests $5b in Intel, forms data center partnership
Nvidia partners with Intel on custom data centers and PCs, investing $5B in Intel stock as AI demand reshapes the tech industry.
Trump says Intel agreed to give US a stake in its company
Trump says Intel agreed to give the U.S. a 10% stake after meeting with CEO Lip Bu Tan, days after he urged Tan to resign over China ties.
Trump administration eyes 10% stake in Intel amid US chip push
The Trump administration is negotiating a 10% stake in Intel by converting CHIPS Act grants. The move deepens U.S. government involvement in semiconductors as Trump pressures chipmakers to boost domestic production.
Intel’s stock tumbles after Trump says its CEO must resign
Shares of Intel slumped Thursday after President Donald Trump said in a social media post that the chipmaker’s CEO needs to resign. “The CEO of Intel is highly CONFLICTED and must resign, immediately,” Trump posted on Truth Social. “There is no other solution to this problem. Thank you for your attention to this problem!” Trump […]
Federal Contractors | Technology 2023: JIM BRINKER
Brinker runs Intel‘s Fairfax-based federal contracting arm, overseeing strategy, business development, sales, contracts, program management and engineering. A University of Florida graduate, Brinker joined Intel in 2015 as director of extreme scale computing, and was promoted to his current position in 2019. Before that, he was a vice president at Silicon Graphics Federal. Brinker is [&helli[...]
Bechtel to build Intel’s Ohio semiconductor plant
Reston-based Bechtel Corp. has been selected to design and build the first phase of Intel Corp.’s $20 billion semiconductor manufacturing facility near Columbus, Ohio, a project that will include as much steel as eight Eiffel Towers. The work will include a total 2.5 million square feet, 600,000 square feet of which will be cleanrooms, according […]
