Intel Aktie News

Semiconductor giant Intel (INTC 0.55%) plans to lay off a significant number of employees this summer as new CEO Lip-Bu Tan takes drastic action to reduce costs. Some of those layoffs will reportedly occur in the manufacturing business, even as Intel attempts to sell its foundry services to third-party customers.

Intel (INTC -2.00%) made a run at the artificial intelligence (AI) accelerator market with its Gaudi line of chips, which came with the company's $2 billion acquisition of Habana. Unlike the graphics processing units (GPUs) from Nvidia and AMD (AMD 1.12%), Gaudi featured a different type of architecture that excelled in certain workloads.

Intel Corp.'s normalized earnings per share in the first quarter exceeded the consensus projection by a wider margin than any other S&P 500 company. Crown Castle Inc. reported a normalized loss per share of $1.06 in the first quarter, falling short of the consensus projection for a loss of 1.2 cents per share.

There has been a shift in momentum in Intel Corporation's NASDAQ: INTC recent trading activity. The stock showed renewed strength this week, reaching an intraday high of $21.58 on June 18, before closing at $21.49, marking a gain of over 3% for the day.

The three big tach stocks in this analysis all look bullish in general, but INTC is especially difficult, as the time to build an accumulation phase can be extensive.

Intel (NASDAQ:INTC) has been fully committed to transforming itself into a global foundry leader, especially as the competition for next-generation 2-nanometer (nm) chips intensifies with its 18A process at the heart of its strategy. Over the last four years, the company has poured more than $90 billion into capital expenditures aimed at expanding its foundry operations and narrowing the gap wi...

Semiconductor giant Intel (INTC 3.34%) slashed its dividend in 2023 and then pulled the plug completely in 2024 amid chronic struggles and weak financial performance. The initial dividend cut helped the company preserve cash as it plowed capital into its manufacturing operations, while the dividend suspension was coupled with significant layoffs and came a few months before former CEO Pat Gelsi...

The anticipated reductions are scheduled to begin in weeks and will reportedly affect Intel Foundry, the company's manufacturing division.