The US chipmaker Intel has won a long-running battle to quash a fine of more than €1bn imposed by the European Commission for allegedly abusing its market dominance in the sale of computer chips.In a final ruling on Thursday, theEuropean court of justice upheld an earlier judgment that had quashed the €1.06bn (£880m) fine and partly dismissed the charges of anticompetitive behaviour.But the ruling by the EU’s highest court is not the last word in the dispute, which dates back more than two decades. Intel ha ...

Core Viewpoint - Intel is expected to report disappointing earnings for its third fiscal quarter on October 31, 2024, as investor sentiment is low due to the company's recent struggles in the semiconductor market [1]. Company Summary - Intel has effectively conceded in the competitive landscape of the semiconductor industry, leading to a lack of optimism among analysts and investors regarding its upcoming earnings report [1].

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!Daniel Sereda is chief investment analyst at a family office whose investments span continents and diverse asset classes. This requires him to navigate through a plethora of information on a daily basis. His expertise is in filtering this wealth of data to extract t ...

Key TakeawaysIntel shares could appear on watchlists today after CNBC reported late Thursday that the chipmaker is considering selling at least a minority stake in its Altera programmable chip unit.The stock broke above the neckline of a double bottom last month on above-average volume to confirm the pattern, but has since failed to find upside momentum.Investors should watch support levels on Intel's chart around $22 and $19, while keeping an eye on resistance areas near $25 and $30. Intel (INTC) shares co ...

Key TakeawaysIntel is reportedly seeking investors to take a minority stake in its Altera programmable chipmaking division.CNBC said Intel is seeking a valuation of about $17 billion for Altera stake.Intel bought Altera in 2015. It launched it as a standalone company in February with plans to eventually seek an IPO. Intel (INTC) shares rose Friday, lifted by indications that it is looking for a big outside investment in its Altera programmable chipmaking unit. CNBC late Thursday reported that the company is ...

Group 1 - The article discusses the potential acquisition of Intel by Qualcomm, indicating that the likelihood of this acquisition has decreased over time [1] - The analyst, Oliver Rodzianko, specializes in the technology sector, focusing on areas such as artificial intelligence, semiconductors, software, and renewable energy [1] - Rodzianko has gained recognition on Seeking Alpha and has his work syndicated by GuruFocus to Forbes, enhancing his visibility in the financial community [1] Group 2 - The investment philosophy of the analyst combines traditional fundamental analysis with advanced proprietary data tools, emphasizing value and growth-at-a-reasonable-price strategies [1] - There is a growing focus on small-cap and micro-cap companies within the analyst's investment approach [1] - The analyst manages a private investment portfolio that prioritizes high-quality, undervalued businesses with sustainable growth potential and ethical practices [1]

Visitors visit the stand of Intel at the 2024 Apsara Conference in Hangzhou, Zhejiang province, ... [+] China, on September 19, 2024. (Photo by Costfoto/NurPhoto via Getty Images)NurPhoto via Getty ImagesIntel stock (NASDAQ: INTC) is expected to publish its Q3 2024 results around October 31. We expect revenue for the quarter to come in at about $13.1 billion, roughly in line with consensus estimates and down about 8% compared to last year. We expect the company to post a net loss of $0.01 per share, slightl ...

Intel is looking for an investor to acquire a stake in its Altera subsidiary, CNBC reported.The US tech giant is seeking a deal that values the programmable chip unit at around $17 billion.Intel is facing challenges in its business at a time when the US is seeking to revitalize its chip industry. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access ...

Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022.Intel is looking to sell at least a minority stake in its Altera subsidiary that would raise several billion dollars in cash for the struggling firm, according to people familiar with the matter. This move that would represent a sharp about face from its ...

Core Viewpoint - Intel faces a security review in China due to allegations of posing "serious risks" to national security, which could impact its significant revenue and market share in the region [1][2] Group 1: Security Allegations - Local officials in China have recommended a security review of Intel products, citing alleged vulnerabilities in Intel's CPU chips [1] - The Cybersecurity Association of China accused Intel of having an "irresponsible attitude" towards product quality and security management [1] - Allegations include the use of remote management features for user surveillance and the installation of backdoors, along with failure to address reported defects [1] Group 2: Financial Impact - China accounted for 27.4% of Intel's revenue in 2023, making it crucial for the company's financial health amid recent challenges [2] - Intel's stock has been struggling due to poor earnings and job cuts, and the timing of the security review adds pressure on its market position [2] - U.S. chip policy restrictions have limited Intel's ability to export advanced products to Chinese clients, further complicating its revenue situation [2]