Intel Corporation (INTC) recently collaborated with DigitalBridge Group, Inc. (DBRG) to launch an independent AI-based software firm dubbed Articul8 AI, Inc. The newly formed entity is reportedly an outgrowth of Intel’s collaborative work with Boston Consulting Group and seeks to focus on AI capabilities for tangible business outcomes.Headquartered in Boca Raton, FL, DigitalBridge is a leading asset manager with more than 25 years of experience in investments in businesses across the digital ecosystem. It m ...

Mobileye Global shares were diving on Thursday after the autonomous-driving systems company said it expects a 50% fall in revenue in the first quarter of the year. The disappointment is also a blow to its former parent and majority shareholder Intel.  ...

Key PointsPut options that let you potentially capitalize on market sell-offs or hedge your long positions.Directional trades with OTM puts have the lowest probability, while ITM puts cost more due to having intrinsic value.Bear put debit spreads can be the most cost-effective strategy if you’re willing to accept a cap on maximum gains.5 stocks we like better than IntelIf you believe that a stock is going to fall lower in price, then there are three kinds of options trades you can make to capitalize on the ...

Intel has named a new head of artificial intelligence as the chip maker looks to catch up with Nvidia and Advanced Micro Devices.  ...

In the latest trading session, Intel (INTC) closed at $47.05, marking a -1.57% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.8% for the day. At the same time, the Dow lost 0.76%, and the tech-heavy Nasdaq lost 1.18%.Heading into today, shares of the world's largest chipmaker had gained 14.03% over the past month, outpacing the Computer and Technology sector's gain of 2.11% and the S&P 500's gain of 3.4% in that time.The investment community will be closely mon ...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation today announced that it will report fourth-quarter and full-year 2023 financial results on Thursday, Jan. 25, 2024, promptly after close of market. Intel will then hold an earnings conference call at 2 p.m. PST that day to discuss the results. A live public webcast of the earnings conference call can be accessed on Intel's Investor Relations website at intc.com. Associated materials and webcast replay will be available on the site. About Intel Intel ...

Intel Corp. INTC, -1.57% on Wednesday named Justin Hotard as executive vice president and general manager of its data-center and AI group, effective Feb. 1. Hotard, who was most recently executive vice president and general manager of High-Performance Computing, AI and Labs at Hewlett Packard Enterprise Co. HPE, +0.65%, will report directly to Chief Executive Pat Gelsinger. He succeeds Sandra River, who became CEO of the Programmable Solutions Group, which began as a standalone business on Jan. 1. ...

On Jan. 3, 2024, Intel announced the appointment of Justin Hotard as executive vice president and general manager of its Data Center and AI Group, effective Feb. 1.On Jan. 3, 2024, Intel announced the appointment of Justin Hotard as executive vice president and general manager of its Data Center and AI Group, effective Feb. 1.SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation today announced the appointment of Justin Hotard as executive vice president and general manager of its Data Center and AI Group ...

About this content About Andrew Kessel Andrew is a financial journalist with experience covering public companies in a wide breadth of industries, including tech, medicine, cryptocurrency, mining and retail. In addition to Proactive, he has been published in a Financial Times-owned newsletter covering broker-dealer firms and in the Columbia Misourian newspaper as the lead reporter focused on higher education. He got his start with an internship at Rolling Stone magazine.  Read more About the publisher Pr ...

Key PointsIntel's 2023 rally still has legs, and 2024 looks just as bright. Several key tailwinds are in place, which should support a push for all-time highs.Even with recent gains, Intel's valuation remains attractive.5 stocks we like better than IntelAfter falling more than 50% in 2022, last year really was all about the recovery for shares of Intel Corporation NASDAQ: INTC. They climbed throughout the year, finishing up about 100% from their February low. As the markets settle into 2024, expectations ar ...