INTC

Intel (INTC) Is Reportedly Negotiating the Acquisition of GlobalFoundries for $30 Billion Following Its Bid of Around $2 Billion for SiFive Recently

Intel (NASDAQ:INTC), the semiconductor behemoth at the heart of a concerted push by the US to re-shore chip fabrication, seems to have embarked on a zealous buying spree. As per the exclusive reporting by the Wall Street Journal, Intel is currently in buyout talks with the Abu Dhabi-based Mubadala Investment to acquire GlobalFoundries, the chipmaker …

Intel (INTC) Is Reportedly Negotiating the Acquisition of GlobalFoundries for $30 Billion Following Its Bid of Around $2 Billion for SiFive Recently Read More »

Intel (INTC) Reportedly Offers Over $2 Billion To Acquire the Fabless Semiconductor SiFive as the Consolidation Trend in the Industry Is Nowhere Close to Slowing Down

Intel (NASDAQ:INTC), the semiconductor behemoth at the heart of a concerted push by the US to re-shore chip fabrication, seems to be looking to expand its product portfolio. As an illustration, according to Bloomberg, Intel has reportedly offered over $2 billion to acquire the fabless semiconductor SiFive, a provider of commercial RISC-V processor IP and …

Intel (INTC) Reportedly Offers Over $2 Billion To Acquire the Fabless Semiconductor SiFive as the Consolidation Trend in the Industry Is Nowhere Close to Slowing Down Read More »

Intel (INTC) Unveils Its IDM 2.0 Strategy and Provides a New FY 2021 Financial Outlook That Lifts the Stock Price Despite Falling Short of Last Year’s Revenue

Intel (NASDAQ:INTC), the semiconductor behemoth undergoing significant reforms to claw back its market share, has announced a significant update to its financial outlook for 2021. According to the press statement released by Intel during the after-hours trading session, the company “expects to exceed its previously communicated first-quarter 2021 non-GAAP revenue and earnings-per-share (EPS) guidance, driven …

Intel (INTC) Unveils Its IDM 2.0 Strategy and Provides a New FY 2021 Financial Outlook That Lifts the Stock Price Despite Falling Short of Last Year’s Revenue Read More »

Intel (INTC) Shares Soar as the Activist Hedge Fund Third Point Urges the Semiconductor Behemoth To Reverse Its Brain Drain and Implement an Operational Shakeup

Intel (NASDAQ:INTC), the semiconductor giant that is ceding its market share to increasingly virulent rivals, just received an urgent wakeup call from the activist hedge fund, Third Point. As per the exclusive reporting by Reuters, Third Point’s CEO, Daniel Loeb, has penned a letter to the chairman of Intel, Omar Ishrak. The letter painted a …

Intel (INTC) Shares Soar as the Activist Hedge Fund Third Point Urges the Semiconductor Behemoth To Reverse Its Brain Drain and Implement an Operational Shakeup Read More »

INTC) Q2 2020 Earnings – 7nm Delay Causes the Stock to Tank Around 9%

Intel (NASDAQ:INTC) shares seems to be loitering in the doldrums lately, having budged only nominally higher relative to the price level at the start of the year. Today, the company has come under a fresh spotlight as it announces its earnings for the second quarter of 2020. Intel revealed the much-anticipated numbers just moments ago, …

INTC) Q2 2020 Earnings – 7nm Delay Causes the Stock to Tank Around 9% Read More »

INTC) Is the Only Semiconductor to Experience “Gross Margin Contraction” Over the Next Few Years, According to Goldman Sachs

Intel (NASDAQ:INTC), long regarded the uncontested leader in the silicon sphere, has been on the receiving end of a litany of adverse developments lately. Goldman Sachs (NYSE:GS) became the latest prognosticator of bad news today as it took a proverbial cudgel to Intel’s medium-term prospects. While citing channel checks that reveal a weak demand for …

INTC) Is the Only Semiconductor to Experience “Gross Margin Contraction” Over the Next Few Years, According to Goldman Sachs Read More »

INTC) “Staging Its Comeback” With the Upscaling of 10nm Products, as per a KeyBanc Analyst

Intel (NASDAQ:INTC), the incumbent behemoth in the semiconductor sphere, has managed to avoid the production disruptions associated with the ongoing coronavirus (COVID-19) pandemic. The chipmaker is now finally scaling up the production of products built on the 10nm node, leading analysts to upgrade the target for Intel’s stock price. As a case in point, KeyBanc …

INTC) “Staging Its Comeback” With the Upscaling of 10nm Products, as per a KeyBanc Analyst Read More »

INTC) Disregarded the Safety of Its Workers in Its Quest for Profits, as per a String of Complaints Lodged With the Regulatory Agencies

Intel (NASDAQ:INTC), the inarguable behemoth in the global semiconductor sphere, faced a conundrum with the advent of the coronavirus (COVID-19) pandemic where the need to ensure the safety of its workers clashed head-on with the necessity of ramping up the 10nm node production process. Now, according to a Bloomberg report, several complaints against Intel have …

INTC) Disregarded the Safety of Its Workers in Its Quest for Profits, as per a String of Complaints Lodged With the Regulatory Agencies Read More »

INTC) Back at the Top of the Silicon Food Chain as Samsung Bled From a Slump in the Memory Sphere

Intel (NASDAQ:INTC) has reclaimed the apex when it comes to the global semiconductor industry. According to the research firm Gartner, Samsung Electronics (KRX:005930) lost its premier position in 2019 as Intel recaptured the top spot. Intel earned $72 billion in revenue for the entire 2019, marking an annual increase of 2 percent relative to 2018. Crucially, …

INTC) Back at the Top of the Silicon Food Chain as Samsung Bled From a Slump in the Memory Sphere Read More »

INTC) Guts CPU Pricing In First Major Response To AMD (NASDAQ: AMD)

Something extraordinary is happening in the PC industry: long-time market leader Intel (NASDAQ:INTC) has finally reacted to the threat that AMD’s (NASDAQ:AMD) Zen-based CPUs present and slashed prices of its upcoming HEDT SKUs by almost half (44.6% to be exact). This information was revealed in a leak by the highly credible Videocardz and something we …

INTC) Guts CPU Pricing In First Major Response To AMD (NASDAQ: AMD) Read More »