The Dow Jones Industrial Average’s DJIA, +1.01% 307-point rally in morning trading Thursday was unanimous, as all 30 components were gaining ground. The top performers were shares of Walt Disney Read more
Tag: INTC
Meta follows Twitter in making major job cuts
From Meta Platforms Inc. to Twitter, big names in the tech sector have announced major layoffs in October and November. Facebook parent Meta META, +5.18% is cutting 11,000 employees, or Read more
Semiconductor stocks have bounced from 2022 lows — and analysts expect upside of at least 28% in the next year
For investors aiming to take advantage of stock market declines, the obvious question is: How far is too far for stocks to fall? The semiconductor industry, a standout performer during Read more
Intel stock jumps on third-quarter earnings beat and cost cutting, but concerns linger
Intel Corp.’s stock jumped 5.7% before the opening bell on Friday, lifted by the chip maker’s third-quarter earnings beat, slightly better-than-expected PC chip sales and a major cost-cutting plan. The Read more
Intel stock rises as earnings, PC-chip sales come in ahead of Street view, and billions in cost cuts planned
Intel Corp. shares surged Thursday after the chip maker topped Wall Street earnings estimates for the quarter and PC-chip sales came in slightly higher than expected, while the company trimmed Read more
Mobileye stock jumps 38% in return to Wall Street, even though ‘investors don’t want to talk about autonomous vehicles right now’
Mobileye Global Inc. received a warm welcome back to Wall Street on Wednesday, as the stock of the Intel Corp. autonomous-driving spinoff went up more than 30% in its first Read more
Mobileye valued at over $21 billion as stock opens 27% above IPO price, and keeps rising
Mobileye Global Inc. MBLY, +30.62% was cheered by investors on its Wall Street debut on Wednesday, as shares of the autonomous driving spinoff of Intel Corp. INTC, +0.09% opened 27.2% Read more
Mobileye prices IPO above targeted range to raise nearly $1 billion, and most of it will go to Intel
Mobileye Global Inc. priced its initial public offering higher than its targeted range late Tuesday to raise nearly $1 billion, most of which will go to Intel Corp. Mobileye priced Read more
Mobileye IPO: 5 things to know about the Intel autonomous-driving spinoff
While Intel INTC, +0.71% executives reportedly dreamed of a valuation as high as $50 billion, the market for initial public offerings has crashed in 2022 after a record year in Read more
Intel CEO says U.S. crackdown on chip exports to China was ‘inevitable’
LAGUNA BEACH, Calif. — Intel Corp. INTC, +0.78% Chief Executive Pat Gelsinger said that recently imposed U.S. restrictions on semiconductor-industry exports to China were inevitable as America seeks to maintain technological leadership Read more