In a week where Big Tech earnings have been under the spotlight, Intel INTC may have become the biggest story — but not in the way it wanted. The company continues to struggle mightily against quart
Apple, Amazon and Intel reported June quarter earnings this week. CNBC's Arjun Kharpal breaks down the key takeaways from each of the reports.
Eric Ross, chief investment strategist at Cascend Securities, says Intel is "not really an AI play no matter how much they keep screaming that they are an AI play."
The tech stocks, which led the stock market rebound seen since in early 2023, have come under pressure since early July, with the weakness more concentrated in the semiconductor space. Early indicatio
Global semiconductor stocks fell on Friday after a lackluster set of results from U.S. chip firm Intel sent its shares cratering, and a global market sell-off weighed on tech names. Intel shares fell
Intel was set to erase nearly $25 billion in market value on Friday in what would be its worst selloff since 2000 after it suspended its dividend and slashed its workforce to fund a costly turnaround
Chipmaker Intel says it is cutting 15% of its huge workforce—about 15,000 jobs—as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.
Intel stock dropped 17% after the company reported Q2 earnings. Is it a buy right now?
Intel Corp (NASDAQ:INTC, ETR:INL) shares slumped after the chipmaker unveiled plans to cut over 15,000 jobs in a bid to rightsize and save up to US$10 billion (£7.9 billion). Some 15% of staff will b
Bloomberg's Matthew Bloxham gives an overview of the earnings situation from tech companies as Amazon.com Inc. told investors that profits for now will take a back seat to heavy spending on artificial
Intel (INTC) shares plunged in extended trading Thursday after the chipmaker reported quarterly results that missed Wall Street quarterly estimates, issued soft current-quarter guidance, and unveiled
Intel Corporation (NASDAQ:INTC ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants John Pitzer - Corporate Vice President of Investor Relations Patrick Gelsinger - Chief

Intel: Turn Off The Lights

07:53pm, Thursday, 01'st Aug 2024
Intel Corporation continues to struggle, missing the AI GPU transition and focusing on the foundry business, leading to disappointing financial results. Their Q3 guidance was very weak, with Nvidia no

Markets Tumble on

07:35pm, Thursday, 01'st Aug 2024
By the time the Fed next has a chance to cut rates, will it be too late? Plus earnings from Apple (AAPL), Amazon (AMZN) and more.
Chipmaker Intel Corp. is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.
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