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Intel Is Turning Its Foundry Business Into a Subsidiary. Time to Buy?
Yet its foundry business has shown potential for improvement. Intel will turn that business into a separate subsidiary, giving it its own operating board and the ability to raise capital separately. Additionally, the aforementioned deal with AWS could help make Intel's foundry business a top company in its industry.
Is Beaten-Down Intel Stock a Buy on Foundry Spinoff Plans?
While the broader Dow Jones Industrial Average ($DOWI) is trading at all-time highs, semiconductor giant Intel (INTC) is trailing the broader markets by a wide margin. The tech stock is down 70% from all-time highs after falling close to 58% in 2024.
Is Intel's Turnaround Story Over? (Rating Downgrade)
Despite revenue growth, Intel reported $2.8 billion in operating losses in Q2 due to higher manufacturing costs. Explore more details here.
Down More Than 50%, Can Intel Stock Rebound on New Foundry Plans?
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 for Amazon Web Services using Intel's newest 18A technology, as well as Xeon 6 chips using its Intel 3 technology.
4h
on MSN
Qualcomm Buying Intel? Not So Fast, Says One Analyst.
An analyst with Gabelli Funds says a deal for Qualcomm to buy struggling chip rival Intel may not make too much sense.
12h
Intel's wild week leaves Wall Street more uncertain than ever about chipmaker's future
Intel still makes the majority of processors at the heart of PCs, laptops, and servers, but that’s not enough to appease ...
9h
Did Amazon Just Save Intel Stock?
This is especially true when that friend runs the largest cloud computing business in the world and you are a manufacturer of ...
RCR Wireless News
1d
Checking in on the Intel five nodes in four years plan
Under CEO Pat Gelsinger's watch, Intel is on track to deliver five process nodes in four year as all eyes are on its foundry ...
1d
Qualcomm Asked Chip Rival Intel if It Would Consider a Sale
The chipmaker Qualcomm has approached its rival Intel in recent days about the possibility of acquiring the slumping Silicon ...
3d
on MSN
Best Semiconductor Stocks to Buy: Intel Stock vs. Micron Stock
Fool.com contributor Parkev Tatevosian compares Intel (NASDAQ: INTC) and Micron (NASDAQ: MU) to determine the better ...
Opinion
2d
Opinion
Intel’s stock ranks dead last in the chip sector by this measure
Earlier this week we listed 13 stocks of semiconductor manufacturers and makers of related equipment that were most favored ...
5d
Intel, Aiming to Reverse Slump, Unveils New Contracts and Cost Cuts
The chipmaker, which has been struggling, said on Monday that it obtained a new government grant, signed a contract with ...
3d
You’ll Wish You Hadn't Ignored Intel Stock
Intel will produce the specialized "AI fabric chip" for Amazon, using its 18A manufacturing process, which is the company’s ...
1d
Intel And Qualcomm: A Solid Merger Match
Intel Corporation shares rise on reports of Qualcomm Incorporated takeover interest due to Intel's issues & restructuring.
9h
on MSN
How Intel Fell From Global Chip Champion to Takeover Target
Strategic missteps and the artificial intelligence boom have combined to reshape the fortunes of the U.S.’s most storied ...
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