Intel Corp Stock Price, News & Analysis

A leading global automaker has selected Mobileye's (MBLY) Imaging Radar™ technology for its upcoming SAE Level 3 automated driving system, set to begin production in 2028. The system will enable eyes-off, hands-off driving at highway speeds. Mobileye's 4D imaging radar, in development since 2018, offers superior perception in challenging conditions like fog and rain, providing exceptional detection of vehicles, people, and objects at distances up to 315 meters. The technology features a Mobileye-designed radar processor delivering 11 TOPS computing power, processing over 1,500 virtual channels at 20 frames per second. The system's advanced capabilities include angular resolution below 0.5 degrees, ultra-low side-lobe levels of -40 dBc, and market-leading dynamic range of 100 dB, significantly outperforming traditional automotive radars' 60 dB.

Mobileye Global Inc. (MBLY) has announced its participation in two major investor conferences in Q2 2025. The company will attend the Mizuho Technology Conference on June 10, 2025, and Deutsche Bank's Global Auto Industry Conference on June 11, 2025. Mobileye intends to webcast its "fireside chats" when possible, with exact timing to be announced later. Investors can access these webcasts through Mobileye's investor relations website at ir.mobileye.com under the "Events & Presentations" section. The company notes that event participation and dates may be subject to change, with any additional events to be announced accordingly.

Intel (INTC) unveiled new GPU products and AI accelerators at Computex 2025 in Taiwan. The company introduced the Intel Arc Pro B60 and B50 GPUs, featuring 24GB and 16GB of memory respectively, designed for AI inference and professional workstations. These GPUs support multi-GPU scalability and include Xe Matrix Extensions AI cores.

Intel also announced the availability of Gaudi 3 AI accelerators in PCIe and rack scale systems, with rack scale configurations supporting up to 64 accelerators per rack and 8.2TB of high-bandwidth memory. The company made its AI Assistant Builder publicly available on GitHub, enabling developers to create local AI agents optimized for Intel platforms.

Intel Corporation (INTC) announced that David Zinsner, Executive Vice President and CFO, will participate in a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference. The discussion will focus on Intel's business and financial strategy. The event is scheduled for May 13 at 7:10 a.m. PDT. Investors and interested parties can access the live webcast and replay through Intel's Investor Relations website at intc.com.

Intel Foundry unveiled significant progress in its semiconductor manufacturing capabilities at Direct Connect event. The company announced its Intel 14A process technology, succeeding Intel 18A, with multiple customers planning test chips. Intel 18A has entered risk production with volume manufacturing expected this year.

Key developments include:

• New variants: Intel 18A-P for enhanced performance and 18A-PT for power efficiency
• First production 16nm tape-out is in progress
• Advanced packaging innovations including EMIB-T and new Foveros architecture options
• Partnership with Amkor Technology for flexible packaging solutions
• Successful first wafer processing at Fab 52 in Arizona

The company launched new ecosystem programs through Intel Foundry Accelerator Alliance, including the Chiplet Alliance focusing on infrastructure for government and commercial applications. CEO Lip-Bu Tan emphasized commitment to building a world-class foundry serving the growing need for leading-edge process technology.

Intel (INTC) reported flat year-over-year first-quarter 2025 revenue of $12.7 billion, with a GAAP loss per share of $(0.19) and non-GAAP EPS of $0.13. The company forecasts Q2 2025 revenue between $11.2-12.4 billion, with expected EPS of $(0.32).

Intel announced efficiency initiatives, targeting reduced operating expenses of $17 billion in 2025 and $16 billion in 2026. The company is lowering its gross capital expenditures target to $18 billion for 2025, down from $20 billion.

Q1 2025 segment performance showed Client Computing Group revenue down 8% to $7.6 billion, while Data Center and AI revenue increased 8% to $4.1 billion. Intel Foundry revenue grew 7% to $4.7 billion.

Mobileye (MBLY) reported strong Q1 2025 financial results with revenue reaching $438 million, an 83% year-over-year increase. The company posted a GAAP diluted EPS of $(0.13) and adjusted diluted EPS of $0.08.

Key highlights include significant business development achievements: their first Surround ADAS design win with Volkswagen Group, acceleration in mobility-as-a-service space, and EyeQ6 Lite gaining momentum. The company's gross margin improved substantially to 47% GAAP (69% adjusted), up from 23% (62% adjusted) in Q1 2024.

Mobileye reaffirmed its full-year 2025 guidance, expecting revenue between $1.69-1.81 billion, despite current automotive-related tariff conditions. Q2 2025 revenue is projected to increase approximately 7% year over year compared to Q2 2024.

Intel has announced the sale of a 51% stake in its Altera business to Silver Lake in a transaction valuing Altera at $8.75 billion. The deal aims to establish Altera's operational independence as the largest pure-play FPGA semiconductor solutions company, with Intel retaining a 49% stake.

Raghib Hussain, former president of Products and Technologies at Marvell, will succeed Sandra Rivera as Altera's CEO effective May 5, 2025. In FY2024, Altera reported revenues of $1.54 billion, with a GAAP operating loss of $615 million and non-GAAP operating income of $35 million.

The transaction, expected to close in H2 2025, aligns with Intel's strategy to focus on its core business and strengthen its financial position. Altera will continue to receive U.S.-based foundry services from Intel while pursuing growth opportunities in AI-driven markets like edge computing and robotics.

Intel (NASDAQ: INTC) has awarded UDT its 2025 'Partner of the Year for Education' award, recognizing the company's exceptional technological innovation in America's education sector. The award, part of the Intel Partner Alliance of the Year program, acknowledges UDT's contributions in developing solutions with real-world impact.

UDT, currently celebrating its 30th anniversary, partners with 10 of the top 20 largest U.S. school districts, reaching over 10% of America's students. The Miami-based company, with 400+ employees nationwide, specializes in:

• K-12 Education Technology
• IT managed and lifecycle services
• Secure digital one-to-one learning solutions
• Device management for educational institutions

The partnership between Intel and UDT has focused on enhancing digital learning environments and improving student outcomes across numerous K-12 school districts, colleges, and universities throughout the United States.