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At Close: Jun 05, 2026
Intel drops almost 8% after chipmaker reports hefty loss in foundry business
03:06pm, Wednesday, 03'rd Apr 2024
Intel shares fell almost 8% after the company disclosed long-awaited financials for its foundry business, revealing an operating loss of $7 billion in 2023.
Intel (INTC) Reshapes Financial Structure for Foundry Business
02:51pm, Wednesday, 03'rd Apr 2024
Intel (INTC) discloses plans to restructure its financial framework, reflecting the transition to a foundry operating model to drive cost discipline and ensure transparency across its operations.
Intel shares dip after company reports $7 billion operating loss in foundry business
02:36pm, Wednesday, 03'rd Apr 2024
Intel shares fell 7% Wednesday after the company disclosed long-awaited financials for its foundry business, revealing an operating loss of $7 billion in 2023.
Committee stocks on the move: Intel, Taiwan Semi and Booking Holdings
01:34pm, Wednesday, 03'rd Apr 2024
The Investment Committee debates how to trade these names.
Why Intel Stock Was Sliding Today
12:38pm, Wednesday, 03'rd Apr 2024
Intel said it lost $7 billion in its foundry business this year. The company expects to reach breakeven in the foundry unit by 2027.
TSMC (TSM) Factory Evacuated Following Earthquake, Intel (INTC) Loses $7B
12:24pm, Wednesday, 03'rd Apr 2024
TSMC (TSM) factories evacuated following a 7.2 magnitude earthquake. Jenny Horne discusses this as all evacuated workers are safe following the earthquake.
TSM stock is a ‘buy' despite recent Intel news – analyst says
11:02am, Wednesday, 03'rd Apr 2024
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) is in the green on Wednesday after a Bank of America analyst issued a bullish note in its favour.
INTC Stock Alert: What to Know as the Chip Wars Rock Intel Shares Today
10:17am, Wednesday, 03'rd Apr 2024
Intel (NASDAQ: INTC ) stock fell 5% overnight after the chipmaker reported a $7 billion loss for its foundry business. The chip company has been trying to “re-shore” manufacturing to the U.S., but
Intel's steep foundry losses aren't a surprise. Why its stock is still sliding.
10:07am, Wednesday, 03'rd Apr 2024
Intel Corp. has broken out its product financials separate from its manufacturing financials, in a bid to give investors a better sense of how the product business is performing relative to other semi
You Won't Believe What Intel's CEO Just Said
09:44am, Wednesday, 03'rd Apr 2024
Intel's goals are ambitious, but they come at a cost.
The Millionaire Makers: 7 Stealth Stocks for a 7-Figure Portfolio
09:23am, Wednesday, 03'rd Apr 2024
Certain stocks are hidden gems in investing because they can provide considerable returns and expand a portfolio to hit the million-dollar mark. Here, seven companies offer appealing returns based on
Intel Stock Is Heading 14% Higher, According to 1 Wall Street Analyst
09:14am, Wednesday, 03'rd Apr 2024
UBS recently raised its price target on Intel stock from $46 per share to $50 per share. On the other hand, the firm still maintained a neutral rating on the stock.
Intel's chipmaking shortcomings as clear as ever
08:12am, Wednesday, 03'rd Apr 2024
In an industry dominated by just a handful of mega corporations backed by billions in state subsidies, Intel Corp (NASDAQ:INTC, ETR:INL)'s ambition to fortify its presence in the semiconductor manufac
Intel slides as foundry business loss spotlights wide gap with rival TSMC
08:06am, Wednesday, 03'rd Apr 2024
Intel shares fell 5% before the bell on Wednesday, as ballooning losses at its contract chip-making business signaled the company could take years to catch up with the profitability of Taiwan Semicond
What does Intel's $7 billion loss mean for INTC stock?
07:32am, Wednesday, 03'rd Apr 2024
In the unforgiving realm of artificial intelligence, a single misstep can swiftly sideline your company or significantly hinder its chances of success. This is a lesson that Intel (NASDAQ: INTC) learn
