Key TakeawaysThe Israeli government has given Intel $3.2 billion in incentives to expand its chip manufacturing in the country.The company plans to construct a $25 billion plant on its site in Kiryat Gat.Intel shares jumped to their highest level since March 2022.Intel (INTC) shares jumped Tuesday after Israel’s government granted the semiconductor maker $3.2 billion in incentives for a $25 billion chip manufacturing plant.The company is looking to expand its operations on its site in Kiryat Gat, where it a ...

In today's video, I discuss recent updates impacting Intel (INTC 1.95%). Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Dec. 22, 2023. The video was published on Dec. 25, 2023. ...

Key PointsIntel announced the rollout of its next-gen AI chips to power the age of the AI PC.Intel Core Ultra chips will power PCs and laptops, enabling AI workloads.Intel Gaudi accelerators will give Nvidia’s H100 and AMD’s MI300x AI chips a run for the money.5 stocks we like better than IntelWhile the artificial intelligence (AI) computing market has been dominated by Nvidia Co. NASDAQ: NVDA, new challengers are invading their turf with their own AI accelerators. 2024 should prove to be epic in terms of t ...

Intel confirmed it will invest $25 billion in Israel to expand its wafer fabrication site after receiving $3.2 billion from the country’s government, according to a report. ...

Intel logo Justin SullivanTaiwan Semiconductor Manufacturing (NYSE:TSM), also known as “TSMC,” is the undisputed global champion of semiconductor manufacturing. The company is the main contract manufacturer for NVIDIA (NVDA), Apple (AAPL), AMD (AMD) and many others. Its presence in the semiconductor industry is so ubiquitous that some have compared its position today to that of Intel (NASDAQ:INTC) in the 1990s. It might seem incredible to younger readers, but Intel was once the dominant company in the sem ...

It's been a rough few years for chip giant Intel (INTC 1.95%). The post-pandemic PC market has been a disaster, and the company has lost market share to rival Advanced Micro Devices in PC and server CPUs. As revenue and profits were collapsing, Intel forged ahead with its expensive plan to build out its own foundry business. Until recently, the market was not optimistic.Investors appear to be warming up to Intel's comeback story. Intel stock has soared about 80% this year, albeit from a depressed level. Loo ...

JHVEPhoto/iStock Editorial via Getty Images Investment Thesis It has been just over a year since I detailed the Annus Horribilis Intel (NASDAQ:INTC) in 2022. Nevertheless, 2024 is set to become Intel's Annus Mirabilis, delivering four process nodes in this one year. Even neglecting that two of those are 'intra-node improvements', that is still two full nodes, which historically would have taken at least two years. This is outright double the pace of Moore's Law, delivering a pace of improvement not seen sin ...

Intel Corp.’s INTC, +2.79% stock is up 31.5% during the quarter, which would be its best performance since the third quarter of 2003, according to Dow Jones Market Data. For the year, shares of Intel have soared 77%, while the SPX 500 index SPX, +0.96% has advanced 22%. The fortunes of the chip maker have turned under the leadership of Chief Executive Pat Gelsinger, who has set a goal of achieving technical parity with Intel’s rivals by 2024 and claiming technical leadership by 2025. ...

Intel Corporation (NASDAQ:INTC) 2023 Barclays Global Technology Conference Call December 6, 2023 4:20 PM ET Company Participants Sachin Katti - Senior Vice President & General Manager, Network & Edge Group, Intel Conference Call Participants Thomas O’Malley - Barclays Thomas O’Malley So I think we've got everyone in here. Welcome back. I'm Tom O'Malley, semiconductor and semi-cap equipment analyst here at Barclays. We're lucky enough to have Sachin Katti who is the SVP and GM of the Network and Edge Group a ...

Intel Corporation (NASDAQ:INTC) Q3 2023 Earnings Conference Call October 26, 2023 5:00 PM ET Company Participants John Pitzer - Corporate Vice President of Investor Relations Pat Gelsinger - Chief Executive Officer David Zinsner - Chief Financial Officer Conference Call Participants Timothy Arcuri - UBS Ross Seymore - Deutsche Bank Joe Moore - Morgan Stanley Ben Reitzes - Melius Research Ambrish Srivastava - BMO Aaron Rakers - Wells Fargo Matt Ramsay - TD Cowen Operator Thank you for standing by, and welcom ...