Chief Technology Officer Greg Lavender said that he is on track to reach a goal of getting to $1 billion in software sales by 2027., Reuters reported.

Why Intel Stock Popped on Friday

01:05pm, Friday, 12'th Jul 2024
Intel's CTO just predicted the company's budding software division will be a $1 billion business in 2027. Intel's sales totaled more than $54 billion last year.
Intel stock is down close to 30% this year.

What's Going on With Intel Stock?

10:27am, Friday, 12'th Jul 2024
Intel is finally gaining traction in 2024 after underperforming for the better part of the last several years.
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Intel's push into software is going well and the company could have cumulative software revenue of $1 billion by the end of 2027, Chief Technology Officer Greg Lavender told Reuters.
Soft inflation data boosted hopes for a "soft landing" and rate cuts. The good news caused a big rotation out of the over-performing tech sector and into small-caps.
Israeli construction technology startup Buildots said on Thursday it had received a $15 million investment led by Intel Capital to help it grow.
Artificial Intelligence, or AI, has been the hottest sector in the stock market. Since OpenAI released ChatGPT in November 2022, it has been a race to develop the best and smartest generative AI platf
The lion's share of stock market attention has centered around the technology sector, particularly with stocks exposed to the artificial intelligence race in its breakthroughs and adoption across the
Leading the AI chip race, we all know Nvidia (NASDAQ: NVDA ) is king. Its competitors like Intel (NASDAQ: INTC ) may not be completely out of the picture.
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation announces that it will report second-quarter 2024 financial results on Aug. 1, 2024.

7 Stocks to Dump Before the AI Bubble Bursts

04:12pm, Wednesday, 10'th Jul 2024
The S&P 500 is up more than 50% from 2022 lows. The primary reason for the resilience of the stock market is enthusiasm around AI stocks.
Intel is investing in its long-term future in AI. Recent restructuring is already beginning to boost earnings.
The stock market has shown remarkable resilience in the first half of 2024, with the S&P 500 and Nasdaq hitting record highs despite economic uncertainty. Chipmakers and AI-related companies have been
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