NEW YORK, June 10, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Intel Corporation (NASDAQ: INTC).Shareholders who purchased shares of INTC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/intel-corporation-loss-submission-form/?id=83258&from=4 CLASS PERIOD: January 25, 2024 ...

These companies are developing the hardware that makes AI possible and could deliver major gains in the coming years.Data from Grand View Research shows the artificial intelligence (AI) market hit nearly $200 billion in 2023 and is projected to have a compound annual growth rate of 37% until at least 2030. That trajectory will see the industry reach close to $2 trillion, indicating it's not too late to invest.AI stocks have captivated Wall Street over the last year, with bullish investors boosting the Nasda ...

Intel is promising a lot with its Lunar Lake laptop CPUs.It's only been about seven months since Intel (INTC 1.05%) launched its Meteor Lake laptop CPUs (central processing units). Meteor Lake chips were the first PC CPUs from Intel to include built-in artificial intellience (AI) accelerators, the first to use the Intel 4 manufacturing process, the first to opt for a disaggregated multitile architecture, and the first to use Intel's Foveros advanced packaging technology at scale.Meteor Lake was a stepping s ...

Rumors are building that Nvidia could join the Dow after its stock split.Shares of Nvidia (NVDA -0.09%) have soared since the company reported a strong first-quarter earnings report on May 22 and announced a 10-for-1 stock split.Since then, the stock has jumped roughly 20% in less than two weeks, and its momentum seems to be continuing into the stock split, which is scheduled to go into effect after hours on June 7. Shares have climbed nearly 10% after the initial bounce on those announcements.There are a n ...

How big of an opportunity is the PC market for the CPU design specialist?Arm Holdings (ARM -0.41%) has long been associated with smartphones, and for good reason. Its architecture forms the basis of how central processor units (CPUs) work, and its technology is found in nearly every smartphone on the planet.The company recently jumped into another market, with Arm CEO Rene Haas saying that the company plans to capture 50% or more of the Windows-based personal computer (PC) market within five years through a ...

These companies have exciting prospects in AI, but one is trading at a far better valuation.Chip stocks have captivated Wall Street over the past year as the boom in artificial intelligence (AI) has sent demand for graphics processing units (GPUs) skyrocketing. Powerful hardware is critical to training and running AI models. Thus, as interest in AI has soared, so have chip sales.As a result, chip stocks like Nvidia (NVDA -0.09%) and Intel (INTC 1.05%) have been placed under a microscope over the past year, ...

NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Intel Corporation ("Intel Corporation" or the "Company") (NASDAQ: INTC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Intel Corporation investors who were adversely affected by alleged securities fraud between January 25, 2024 and April 25, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/intel- ...

Over the past 2 years, markets have lent the lion’s share of their attention to technology stocks, particularly those exposed to the rising trends in artificial intelligence and semiconductor manufacturing. However, over the past few quarters, markets have given stocks like Nvidia Co. NASDAQ: NVDA an unfair amount of attention over peers like Advanced Micro Devices Inc. NASDAQ: AMD and others.Intel TodayINTCIntel$30.64 +0.22 (+0.72%) 52-Week Range$29.73▼$51.28Dividend Yield1.63%P/E Ratio31.92Price Target$39 ...

Three summer stocks have considerable development prospects centered upon their distinct technical breakthroughs and strategic initiatives.The first one started operating a foundry, and the business took a major stride toward becoming the first systems foundry built for the AI age. This endeavor has garnered significant support from prominent IT behemoths and a top U.S. aerospace and defense corporation, demonstrating trust in Intel’s state-of-the-art process technology. Additionally, the business has a str ...

SAN JOSE, Calif. , June 7, 2024 /PRNewswire/ -- Upstage, a leading artificial intelligence (AI) company in enterprise solutions, will optimize its flagship large language model (LLM), Solar Mini, on Intel® Core™ Ultra processors. Upstage will also integrate Upstage's WriteUp app, a built-in writing assistant powered by Solar Mini to run the advanced generative AI tools offline on Windows PCs based on Intel processors, to provide a seamless and connected AI experience anytime and anywhere."We are thrilled to ...