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Chip Stocks Shrug Off Chinese AI Worries
The Wall Street Journal15d agoneutral
Chip Stocks Shrug Off Chinese AI Worries

Chip stocks rose. Chip maker Intel was a standout, rising 8.6% ahead of its earnings report Thursday. Chip stocks have been under pressure lately as investors fret about low-cost Chinese AI models that look like strong performers.

Intel (INTC) Lands Fortinet As First Named Cybersecurity Customer For Its Foundry
Simply Wall St.15d agoneutral
Intel (INTC) Lands Fortinet As First Named Cybersecurity Customer For Its Foundry

Intel (NasdaqGS:INTC) has partnered with Fortinet to manufacture the next-generation Security Processor 6. The chip will be produced using Intel’s advanced semiconductor process within its Intel Foundry business. Fortinet is the first publicly named cybersecurity chip customer for Intel Foundry. For investors tracking Intel, this agreement with Fortinet highlights how the company is using its manufacturing capacity to serve external customers through Intel Foundry. Fortinet brings deep...

AMD just landed its biggest AI deal yet
TheStreet15d agoneutral
AMD just landed its biggest AI deal yet

AMD has broken a chip monopoly before. In the 2000s, it took server market share away from Intel’s dominant x86 processors, forcing years of price and performance competition that reshaped enterprise computing. Two decades later, AMD is attempting a similar disruption, this time against Nvidia’s ...

MT Newswires15d agoneutral
Top Midday Gainers

Utz Brands (UTZ) shares surged 89% after Germany-based Intersnack said Tuesday it agreed to buy the

Alphabet and Intel could reset the AI trade
TheStreet15d agoneutral
Alphabet and Intel could reset the AI trade

Alphabet (GOOGL) and Intel (INTC) will approach second-quarter earnings from opposite sides of the artificial-intelligence boom. Alphabet is one of the biggest infrastructure buyers in the industry. Intel is trying to prove it can be a bigger supplier to that build-out. Their reports together could ...

Intel and Fortinet Expand Cybersecurity Collaboration to Develop Security Processor 6 (NASDAQ:INTC) (NASDAQ:FTNT)
InvestorsHub15d agoneutral
Intel and Fortinet Expand Cybersecurity Collaboration to Develop Security Processor 6 (NASDAQ:INTC) (NASDAQ:FTNT)

The partnership combines Intel’s semiconductor capabilities with Fortinet’s security processor expertise to accelerate next-generation cybersecurity hardware and diversify the supply chain. Key Investor TakeawaysIntel (NASDAQ:INTC) and Fortinet (NASDAQ:FTNT) announced a strategic collaboration to develop Fortinet’s next-generation Security Processor 6 (SP6).