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News Digest / Ticker: INTC

Ticker: INTC
04:12am, Friday, Apr 26, 2024
Intel's Earnings Surpass Expectations But Outlook Disappoints: Impact on Stock Value
Intel reported better-than-expected earnings for Q1 2024 but issued a disappointing revenue forecast, causing its stock to tumble.
08:13am, Monday, Mar 25, 2024
China's Push for Technological Self-Reliance: Phasing Out Intel and AMD Chips
China intensifies its efforts towards technological autarky by implementing new guidelines to phase out US microprocessors from Intel and AMD in government computers. This move aims to bolster domestic technology amidst escalating US-China tensions.
09:24am, Wednesday, Mar 20, 2024
Intel Gets $8.5B to Reinforce US Chip Manufacturing
Intel's $8.5 billion CHIPS Act funding from the Biden administration marks a strategic effort to bolster U.S. semiconductor manufacturing.