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Intel Corp - $INTC STOCK NEWS

Welcome to our dedicated page for Intel news (Ticker: $INTC), a resource for investors and traders seeking the latest updates and insights on Intel stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Intel's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Intel's position in the market.

Rhea-AI Summary

Intel has announced that they have surpassed 500 AI models running optimized on their new Intel Core Ultra processors, which are the industry's premier AI PC processors. This milestone is a result of Intel's investment in client AI, framework optimizations, and AI tools, offering developers a wide range of AI experiences and immersive graphics. The models can be deployed across CPU, GPU, and NPU, enabling various AI inferencing tasks like large language processing, image classification, and computer vision. This achievement is important for Intel's efforts in supporting the AI PC transformation and providing a robust platform for AI development.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
Tags
AI
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Rhea-AI Summary

Intel has achieved a significant milestone in quantum computing by demonstrating the state-of-the-art uniformity, fidelity, and measurement statistics of spin qubits in a research published in Nature. The research opens the path for scalable silicon-based quantum processors, paving the way for fault-tolerant quantum computers. Intel plans to further advance its techniques to increase qubit count, connectivity, and performance in its next-generation quantum chip.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
Tags
none
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Rhea-AI Summary
Intel reported first-quarter 2024 financial results with revenue of $12.7 billion, up 9% YoY. GAAP EPS was $(0.09), non-GAAP EPS was $0.18. Forecasting second-quarter revenue of $12.5-13.5 billion. Strong innovation in client, edge, and data center portfolios drove revenue growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.2%
Tags
Rhea-AI Summary
Mobileye reported a 48% decrease in revenue to $239 million in the first quarter of 2024, with diluted EPS at $(0.27) and Adjusted Diluted EPS at $(0.07). The company generated $40 million in net cash from operating activities and has a strong balance sheet with $1.2 billion in cash and no debt. Mobileye's EyeQ6L SoC deliveries are on track, and the announcement of a production award by Volkswagen Group led to an expansion in discussions with other global OEMs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.77%
Tags
-
Rhea-AI Summary
Intel has developed the world's largest neuromorphic system, Hala Point, with 1.15 billion neurons to support more sustainable AI. This system, utilizing Intel's Loihi 2 processor, aims to advance brain-inspired artificial intelligence research, offering over 10 times more neuron capacity and up to 12 times higher performance than previous systems. Hala Point demonstrates state-of-the-art computational efficiencies, supporting up to 20 petaops with an efficiency exceeding 15 TOPS/W. Researchers at Sandia National Laboratories plan to utilize Hala Point for advanced brain-scale computing research, focusing on scientific computing problems. The system promises to enable real-time continuous learning for various AI applications, reducing the training burden of widespread AI deployments. Neuromorphic computing offers a fundamentally new approach to address sustainability challenges in AI and improve efficiency, speed, and adaptability of emerging edge workloads.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
Tags
AI
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Rhea-AI Summary
Mobileye has launched the EyeQ6 Lite system-on-chip, set to power advanced driver-assistance systems in 46 million vehicles worldwide. The EyeQ6L builds on Mobileye's expertise in automotive safety and chip design, offering improved performance and safety features at a competitive price. The technology aims to enhance road safety and reduce accidents globally, meeting regulatory requirements and delivering meaningful advancements to end users.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
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none
Rhea-AI Summary
Intel announced its plans for the Olympic and Paralympic Games Paris 2024, introducing AI-driven solutions to enhance the fan, athlete, and viewer experience. Key implementations include immersive sports experiences, 8K livestreaming, and advancements in accessibility. The partnership aims to revolutionize the Olympic experience with AI technology, creating interactive and tailored content for viewers worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
Tags
AI
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Rhea-AI Summary
Mobileye Global Inc. (Nasdaq: MBLY) will announce its Q1 2024 financial results on April 25, 2024. The conference call hosted by top executives will provide a business update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.95%
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Rhea-AI Summary
Infosys and Intel expand collaboration to accelerate AI journeys for global enterprises through advanced AI solutions. Infosys Topaz to integrate Intel-based solutions for Gen AI adoption and skill up employees on Intel products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.04%
Tags
AI
Rhea-AI Summary
Intel unveils a comprehensive AI strategy for enterprises at Vision 2024, introducing the Intel Gaudi 3 AI accelerator with superior performance and efficiency. The company collaborates with industry leaders to create an open platform for enterprise AI, aiming to accelerate GenAI deployment. Intel's expanded AI roadmap includes next-gen products like Intel Xeon 6 processors and Intel Core Ultra processors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
AI
Intel Corp

Nasdaq:INTC

INTC Rankings

INTC Stock Data

130.60B
4.22B
0.06%
67.79%
1.7%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
SANTA CLARA

About INTC

Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California. It is one of the worlds largest semiconductor chip manufacturer by revenue, and is one of the developers of the x86 series of instruction sets found in most personal computers.