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Intel Will Double Down on the Artificial Intelligence (AI) PC in 2024
The Motley Fool· 2024-01-10 11:50
Meteor Lake, Intel's (INTC -0.83%) latest family of laptop CPUs launched in December, marked the beginning of the company's push toward bringing AI capabilities to the PC. The chips were a radical departure from their predecessors. With Meteor Lake, Intel moved to a tile-based architecture that split the chips into different parts. The compute tile, which houses the CPU cores, is manufactured using the new Intel 4 process, while the other tiles make use of various processes from TSMC.Meteor Lake chips house ...
Intel (INTC) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks Investment Research· 2024-01-09 23:47
In the latest market close, Intel (INTC) reached $48.05, with a -0.83% movement compared to the previous day. This change lagged the S&P 500's 0.15% loss on the day. Meanwhile, the Dow lost 0.42%, and the Nasdaq, a tech-heavy index, added 0.09%.The world's largest chipmaker's stock has climbed by 8.78% in the past month, exceeding the Computer and Technology sector's gain of 1.19% and the S&P 500's gain of 3.5%.Analysts and investors alike will be keeping a close eye on the performance of Intel in its upcom ...
Intel Drives 'AI Everywhere' into Automotive Market at CES
Businesswire· 2024-01-09 23:00
The family of Intel AI-enhanced software-defined vehicle system-on-chips features artificial intelligence acceleration capabilities from Intel’s AI PC roadmap to enable the most desirable in-vehicle AI use cases, such as driver and passenger monitoring. Intel Automotive introduced the SoC during a presentation on Tuesday, Jan. 9, 2024, at CES in Las Vegas. (Credit: Intel Corporation)The family of Intel AI-enhanced software-defined vehicle system-on-chips features artificial intelligence acceleration capabil ...
Will Intel Stock Recover To Pre-Inflation Shock Highs?
Forbes· 2024-01-09 12:00
CHIBA, JAPAN - 2023/09/23: Computer chips maker INTEL exhibition booth at the Tokyo Game Show 2023 ... [+] in Makuhari Messe, Chiba. Video game makers and publishers, social media representatives were present in high numbers at the Tokyo Game show. (Photo by Stanislav Kogiku/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesIntel stock currently trades at $47 per share, about 31% below the levels of almost $68 seen on April 9, 2021 (pre-inflation shock high). Intel INTC has se ...
Mobileye Expands Collaboration with Mahindra and Mahindra to Explore Next-Generation Advanced Driving Technology
Businesswire· 2024-01-09 12:00
LAS VEGAS--(BUSINESS WIRE)--Mobileye, a pioneering, AI-powered Advanced Driver Assistance Systems (ADAS) technology company, is expanding its existing relationship with Mahindra & Mahindra Ltd. (M&M), a leader in automotive, farm and services businesses. Mobileye will collaborate with M&M to introduce multiple solutions based on Mobileye's next-generation EyeQ™6 systems-on-chip and sensing and mapping software, including an intent to build a full-stack autonomous driving system. Mobileye will leverage it ...
CES 2024: Intel Delivers New High-Level Compute Solutions in Mobile, Desktop and Edge
Businesswire· 2024-01-08 23:00
New Intel Core 14th Gen HX-series mobile processors are built for gamers, creators and professionals who need the highest levels of compute performance and require the mobility a laptop provides. Led by the Intel Core i9-14900HX, featuring eight Performance-cores and 16 Efficient-cores, the new HX-series combines best-in-class connectivity with incredible single- and multi-thread performance. Intel introduced the Intel Core 14th Gen HX-series mobile processors at CES 2024 on Monday, Jan. 8, 2024. (Credit: I ...
Mobileye Reveals New Wins for Key Tech Platforms with Large Global Automaker
Businesswire· 2024-01-08 12:02
LAS VEGAS--(BUSINESS WIRE)--Mobileye (Nasdaq: MBLY) announced today that it has been awarded a series of production design wins by a major Western automaker. Under these design wins, multiple global brands are expected to implement new automated driving solutions using Mobileye’s three key platforms – Mobileye SuperVision™, Mobileye Chauffeur™ and Mobileye Drive™ – for 17 internal combustion and electric vehicle models, which are set to begin rolling out in 2026. The extensive set of awards includes Mobi ...
Intel Is Selling a Stake in Its AI Software Business -- Does That Make Intel Stock a Buy for 2024?
The Motley Fool· 2024-01-08 11:45
Intel (INTC 0.04%) just hit the market with some notable artificial intelligence (AI) news, and it didn't involve new AI chips trying to play catch-up to Nvidia. Rather, the latest announcement involves Intel's in-house generative AI software business, which is now being christened Articul8 AI.With some outside investment help from data center, cell tower, and internet infrastructure manager DigitalBridge Group, as well as a consortium of other investment firms, Intel has spun off Articul8 AI as a separate ...
Why Intel Stock Slumped Today Despite an Analyst's Price Target Bump
The Motley Fool· 2024-01-04 23:40
When a stock pundit increases their price target on a company's shares, they tend to rise at least modestly in price. Unfortunately for stockholders of storied tech hardware company Intel (INTC -0.38%), the opposite occurred on Thursday -- their company lost 0.4% of its market value following the move. That, however, more or less matched the drop of the S&P 500 index that trading session.It was a raise-but-hold for IntelThe prognosticator behind the Intel raise was Bernstein's Stacy Rasgon, and the hike was ...
Our Top Investment Of 2023, Intel In Review
Seeking Alpha· 2024-01-04 17:31
FinkAvenue Intel Corporation (NASDAQ:INTC) was announced as our top investment recommendation for 2023 at the start of the year. Since that article was written, the company has had a total return of more than 70%, versus the S&P 500 (SP500), which returned just over 20%. As we'll see throughout this article, despite tripling the market, we expect Intel to continue performing. Intel Executive Overview Intel has a strong Q3, beating on revenue and margins, as the company's recovery continues. Intel Investor P ...