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Intel Joins SpaceX AI Satellites Raising Questions On Valuation And Growth
Simply Wall St.78d agoneutral
Intel Joins SpaceX AI Satellites Raising Questions On Valuation And Growth

Intel and SpaceX have announced a partnership in semiconductor fabrication for AI-driven satellite networks. The collaboration is tied to SpaceX's recent S-1 filing, which identifies Intel as a core partner in a new chip facility for next-generation AI compute satellites. The move introduces Intel as a supplier of compute hardware for space-based AI clusters, extending the company's reach in global compute supply chains. Intel, NasdaqGS:INTC, is increasingly tied to large scale AI...

Qorvo, Allegro MicroSystems, and Lattice Semiconductor Stocks Trade Up, What You Need To Know
StockStory78d agoneutral
Qorvo, Allegro MicroSystems, and Lattice Semiconductor Stocks Trade Up, What You Need To Know

A number of stocks jumped in the afternoon session after the broader market rallied on Iran peace progress and AI-linked growth names led the comeback in technology. Nvidia's Q1 results earlier in the week (beat-and-raise on $81.6B revenue with Q2 guidance of $89-92.8B and an $80B new buyback) initially produced a sell-the-news reaction, but the message digested over the next two sessions: AI capex is accelerating, not slowing.