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Is Tech Heading for a Correction? Intel and Marvell Technology Are Expensive – Could Lahontan Gold Be a Rotation Winner?
InvestorsHub49d agoneutral
Is Tech Heading for a Correction? Intel and Marvell Technology Are Expensive – Could Lahontan Gold Be a Rotation Winner?

Intel: Operational Pressure Forces Smart Capital ModelAs an integrated chip manufacturer, Intel serves the PC and server market with its own processors and also acts as a contract manufacturer for external chip designers. To relieve pressure on the balance sheet amid high operating losses in the foundry business, the group, under the leadership of Lip-Bu Tan, is adopting a smart capital model.

Stocks to Watch: Intel, Apple, Smith & Wesson
The Wall Street Journal49d agoneutral
Stocks to Watch: Intel, Apple, Smith & Wesson

↗️ Intel (INTC): Shares in the tech giant surged premarket after President Trump said Apple agreed to work with it to design and build chips in the U.S. ↗️ Apple (AAPL): The iPhone maker plans to raise prices on its products to offset surging memory and storage-chip costs, CEO Tim Cook told the Journal.

Bloomberg49d agobullish
Intel Shares Soar After Trump Says It Struck Apple Chip Deal

(Bloomberg) -- Intel Corp.’s stock surged more than 9% in premarket trading Thursday after US President Donald Trump said the chipmaker will work alongside Apple Inc. to design and produce semiconductors domestically.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USApple Plans Camera Air

Intel Stock Rockets on Apple Partnership
The Wall Street Journal49d agobullish
Intel Stock Rockets on Apple Partnership

Shares in Intel are up nearly 10% in premarket trading after President Trump said Apple agreed to work with the tech giant to design and build chips in the U.S. Apple and Intel previously reached a preliminary agreement for Intel to manufacture some chips for Apple devices after more than a year of intense talks, The Wall Street Journal reported in May.

Trump says Apple to work with Intel to manufacture chips in US
Reuters50d agoneutral
Trump says Apple to work with Intel to manufacture chips in US

President Donald Trump said in a ‌Truth Social post on ‌Thursday that Apple had agreed to ​work with Intel to design and build its chips in the United States. Intel had reached a ‌preliminary deal ⁠to make some chips for Apple, following discussions ⁠that went on for more than a year, the ​Wall Street ​Journal reported ​in May.

Trump says Apple to partner with Intel on US chip design, production
Reuters50d agoneutral
Trump says Apple to partner with Intel on US chip design, production

U.S. President Donald Trump said in a Truth Social post on Thursday that Apple has agreed ‌to work with Intel to design and manufacture its chips ‌in the United States. A partnership with Intel helps Apple diversify its manufacturing base ​as it seeks additional chip capacity. The iPhone maker relies heavily on TSMC, whose advanced production lines are in high demand from AI chipmakers such as Nvidia and AMD.

Nasdaq, US stocks slide as Fed forecasts possible rate hike
Yahoo Finance Video50d agoneutralVIDEO
Nasdaq, US stocks slide as Fed forecasts possible rate hike

US stocks (^DJI, ^IXIC, ^GSPC) ended Wednesday's session in negative territory after Federal Reserve officials unanimously voted to hold interest rates at their June FOMC meeting today, while also forecasting at least one possible rate hike ahead. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the trading day's market reactions to the Fed's big decision. This was Kevin Warsh's first FOMC meeting he presided over as the new chairman of the Fed.