Intel (INTC) stock has been down 43% over the past 12 months, massively underperforming peers in the semiconductor and artificial intelligence
Intel ( INTC -0.70%) stock was gaining ground early in Thursday's trading, but traded lower later in the day. The semiconductor specialist's share price was down 1% as of 3:45 p.m. ET along with a 1.3% decline for the S&P 500 index and a 2.
In a blistering critique, former Intel CEO and Chairman Craig Barrett has strongly opposed breaking the company into separate design and foundry units, arguing that Intel’s recent technological resurgence positions it to challenge TSMC’s dominance in the semiconductor industry without corporate dismantling.
Intel Corp. has once again pushed back the expected opening for its semiconductor project in central Ohio. The struggling chipmaker announced Friday that construction on the first of its two factories – known as fabs – planned for New Albany is now expected to be completed in 2030 and begin operations between then and 2031.
Reports of anticipated mass layoffs within the National Institute of Standards and Technology are sparking concerns about the future of the CHIPS Act, the federal program providing billions to promote domestic semiconductor manufacturing like the Intel Ohio One plant in New Albany.
Intel says its cutting-edge 18A process node is 'now ready' and that tape-out begins in 1H 2025, ready to compete with semiconductor leader TSMC.
Intel Corporation (NASDAQ: INTC) reported a $19.2 billion net loss for the fiscal year 2024. For some time, it has been the target of a restructuring rumor mill. In September 2024, rumors centered on Qualcomm potentially acquiring Intel’s core semiconductor design business.
Intel Corp. has once again pushed back the expected opening for its semiconductor project in central Ohio. The struggling chipmaker announced Friday that construction on the first of its two
Intel rivals Taiwan Semiconductor Manufacturing Co and Broadcom are reportedly exploring potential deals that could split the storied American chip giant.
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