Intel and Apple in lead as Dow jumps 400 points — Friday’s live markets coverage
Tag: Intel
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 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
Intel earnings: Layoffs and margin pressure could overshadow Mobileye IPO
Intel Corp. must contend this week with an earnings report that notably lacked a formal pre-announcement, a bleaker-than-expected PC market and rumored layoffs, which will likely overshadow the initial public Read more
Intel reportedly to start ‘targeted’ layoffs in November
Intel Corp. is planning on announcing “targeted” layoffs in November, according to a report late Thursday, citing an internal video shared with employees. After the close of markets Thursday, The Read more
Opinion: Tech earnings are about to dive, and there’s no life preserver in sight
What a difference a year makes. Now, a slow release of air from a balloon would be a welcome relief from the sonic boom of tech stocks tanking and earnings Read more
Nvidia, Intel gaming cards go on sale while AMD teases Nov. 3 announcement
Nvidia Corp. and Intel Corp. threw down Wednesday as the two chip makers released new gaming cards with the GPU leader targeting elite, high-performance gamers, while Intel sought to appeal Read more