SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation today announced that Stacy Smith, executive chairman of Kioxia Corporation, formerly Toshiba Memory Corporation, and chair of Autodesk Inc., was appointed to Intel’s board of directors, effective immediately. Smith will serve as an independent director and join the board’s Audit & Finance Committee. “ Stacy’s deep understanding of the semiconductor industry, along with Intel’s history and strategy, will be a significant asset to the board as it guides ...

A Bloomberg report indicated the Pentagon is considering ditching plans to spend $2.5 billion on a chip grant to IntelIntel Corp (NASDAQ:INTC) is in the spotlight today, after Bloomberg reported the Pentagon intends to scrap plans to spend $2.5 billion on a chip grant to the company. Those familiar with the situation said it's up to the Commerce department to make up for the shortfall, as President Joe Biden signed into law a defense funding package that allotted $3.5 billion to Intel to produce defense and ...

About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...

There is mounting evidence that Intel’s (NASDAQ:INTC) new, critical chips compare very well with those of its top competitors, and the firm continues to make meaningful progress in its drive to become one of the world’s leading producers of semiconductors. Given these points, along with the quite attractive valuation of INTC stock, I continue to recommend that investors buy the shares.Stacking Up Very Well With Its Top CompetitorsIn recent tests performed by a company called Stability AI, Intel’s Gaudi 2 AI ...

While searching for investment, there is a search for the holy grail. These are the stocks that have the potential to multiply returns exponentially. Here is a selected group of seven blue-chip stocks, each with a trajectory to double investment by 2028. These are robust, time-tested giants dominating their respective industries. These titans are shaping digital tech to the pharmaceutical powerhouses driving medical advancement. As a result, these stocks are pillars of growth and stability in the lucid mark ...

Intel (INTC) closed the most recent trading day at $44.87, moving +1.98% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.11%. At the same time, the Dow added 0.12%, and the tech-heavy Nasdaq lost 0.41%.Shares of the world's largest chipmaker witnessed a gain of 1.59% over the previous month, beating the performance of the Computer and Technology sector with its gain of 1.42% and underperforming the S&P 500's gain of 2.7%.Investors will be eagerly watching fo ...

Developed by Intel Granulate and contributed to the open source community, Continuous Profiler combines multiple profilers into one view as a flame graph. This unified view offers developers, performance engineers and DevOps a continuous and autonomous way to identify runtime inefficiencies. (Credit: Intel Corporation)Developed by Intel Granulate and contributed to the open source community, Continuous Profiler combines multiple profilers into one view as a flame graph. This unified view offers developers, ...

It continues to get easier for the average investor to place their money in the same stocks that Congress owns. Over the last few years there has been a spate of ETFs released which track the activity of members of both houses of Congress. That has made it easier to track their portfolio movements. Still, it can often seem like those on Capitol Hill have an unfair advantage over the layman when it comes to investment information. Whether they do or don’t, investors will never be able to precisely mimic thei ...

JERUSALEM--(BUSINESS WIRE)--Mobileye Global Inc. (Nasdaq: MBLY) today announced that Jon M. Huntsman, Jr. has resigned from Mobileye’s Board of Directors effective as of April 15, 2024, to accept a new executive management position. Gov. Huntsman has served on Mobileye’s board since October 2022 as an independent director and member of the nominating and corporate governance committee. “I am deeply thankful for Gov. Huntsman’s counsel while he served as a director of Mobileye during our new era as a pub ...

In recent years, there has been a steady rise in the importance of the semiconductor industry and a steady rise in the size of companies operating in the sector. The trend became particularly evident after the start of the ongoing artificial intelligence (AI) boom in late 2022 and no company is more emblematic of the growth than Nvidia (NASDAQ: NVDA).Still, not all firms have managed to fully leverage the current industry environment. While NVDA and Advanced Micro Devices (NASDAQ: AMD) saw a 2024 stock mark ...