A recovery in the broad market and some reassurance about the private market lifted the stock.
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Apple has held exploratory discussions about using Intel and Samsung Electronics to produce the main processors for its devices, Bloomberg News reported on Monday, citing people familiar with the deliberations. Apple executives have made visits to a Samsung plant under development in Texas and, separately, also held preliminary talks with Intel about enlisting the company's chipmaking services, Bloomberg reported. While the move would offer Apple a secondary option beyond its longtime partner Taiwan Semiconductor Manufacturing Co, the iPhone-maker is also concerned about using non-TSMC technology, the report said, citing worries about reliability and scale.
(Bloomberg) -- Apple Inc. has held exploratory discussions about using Intel Corp. and Samsung Electronics Co. to produce the main processors for its devices in the US, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing Co.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceFormer NYC Mayor Gi
Both companies offer attractive dividends and long histories of annual increases. But under the surface, the cash backing those payouts looks quite different.
This fast-growing business has quietly grown to more than $70 billion in trailing-12-month revenue.
Apple is hitting on all cylinders, positioning itself for a seamless transition in the executive suite this fall.
Alphabet will start selling custom AI chips, presenting a challenge to the leader in data center AI-enabling chips, Nvidia, and its graphics processing units (GPUs).
The social media giant just posted its fastest top-line growth in years, but its 2026 spending plan keeps creeping higher.
Intel’s new client-computing leadership adds focus to its push beyond traditional PCs, with upcoming results needing clearer evidence that AI PC demand and data center CPU sales can support the stock’s post-rally valuation.
But it might be too late soon if the stock sustains its recent momentum.
May 4 (Reuters) - Intel said on Monday it had appointed Alex Katouzian to lead the company's PC and physical artificial intelligence unit.
Eli Lilly's valuation looks far more attractive now than it did even a year ago.
Market crashes are a time when Wall Street is filled with fear, which is a great time for level-headed investors to buy well-run companies.
Even though the stock suffered a big sell-off today, Napco is still up 67% over the last year.
Concerns about the Federal Reserve's independence and strategy is likely to result in investors loading up on silver again.
But is the stock a buy on the dip?
Broadcom and Alphabet are both great long-term plays on the generative AI boom.
The Street is bullish on this biotech's prospects, but is the sentiment justified?
AMD reported its first quarter earnings on Tuesday.
AMD reported its first quarter earnings on Tuesday.
AMD will report its first quarter earnings after the bell Tuesdayl
The company recently hiked its capex guidance for the year.
Investors think a new addition to the biotech's pipeline could be the next catalyst.
The brokerage produced strong earnings and continues to take market share.
Oracle's stock took a hit after news regarding OpenAI's missed targets was reported.
Shares of chip maker Intel were stalling again Monday after their big run-up over the past month. The U.S. announced an effective 10% stake in Intel last August, making it the largest single investor in the U.S.-based chip maker. Since then, the company’s shares are up more than fourfold in large part because Intel makes chips that are used in AI data centers.
Earnings season is in full swing, and these companies will provide clear insight into the future of AI.