Advanced Micro is earning analyst optimism as AI catalysts, a stronger chip outlook, and major partnerships keep bullish sentiment intact.
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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.
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit
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 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 ...
Utz Brands (UTZ) shares surged 89% after Germany-based Intersnack said Tuesday it agreed to buy the
Intel Rally Gains Steam as Google AI Alliance and Memory Breakthrough Lift Shares
Tech stocks were higher Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (
Nvidia Vera's custom Olympus cores were designed to maximize single-thread performance for the branch-heavy, latency-sensitive workloads common in agentic AI.
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit
Intel (INTC) is expected to report a decent Q2 supported by server central processing unit, or CPU,
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 ...
The company said the layoffs are part of a broader push to simplify operations.
After a Massive Rally, Intel Must Prove Its AI Comeback
Investing.com -- Intel confirmed Tuesday it is planning job cuts within its data center group as part of a broader strategy to become a more focused and efficient company, according to a report from Business Insider.
Intel Targets AI and Data Center Unit With New Round of Layoffs
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).
SanDisk, Western Digital, and Micron are surging for a second straight session as a Bank of America upgrade and a sweeping UBS note collide with one of the heaviest earnings weeks of the summer, and the next data point could flip the entire trade.