Subject


Intel


2024-11-04

[News] U.S. Government Considers to Give Green Light to Merger Deal to Support Intel’s Survival

According to a report from Wccftech, citing information from Semafor, the US Commerce Department is reportedly exploring ways to assist Intel, which may include a potential merger deal. The report from Wccftech highlighted that Intel is the only US-based company with "mature" processes and facili...

2024-11-01

[News] Intel Impresses the Market with Upbeat Q4 Guidance; 18A to Begin High-Volume Production in 2H25

Intel posted its third-quarter earnings earlier on October 31. Recording a lackluster performance with quarterly revenue declining 6% year-over-year to USD 13.3 billion and a net loss of USD 16.99 billion, the struggling giant manages to impress the market with an upbeat guidance for the fourth quar...

2024-10-31

[News] Intel CEO’s Missteps Reportedly offended TSMC, Leading to a Canceled 40% Discount

Ahead of Intel’s upcoming Q3 financial announcement on October 31st, the market has speculated that it may suffer another quarter of revenue decline, while the company might reportedly incur a loss over USD 3 billion this year. However, the struggling giant might have made a significant misstep...

2024-10-30

[News] Intel’s Third-Quarter Revenue Set for Largest Decline in Five Quarters

According to a report from MoneyDJ, citing the Reuters, Intel’s share price has plummeted this year as the company falls behind in the AI race and faces substantial losses in its foundry business. Intel is set to release its third quarter 2024 earnings report after the U.S. stock market closes ...

2024-10-29

[News] NVIDIA Hires Ex-Intel Staff in Israel with 33% Higher Salaries Amid Layoffs

According to a report from Globes, amid significant layoffs at Intel, many former employees from the company in Israel have made the move to NVIDIA, including veteran staff who have worked at Intel for a decade or more. The report noted that updates on LinkedIn indicate that at least 30 employees...

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