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Intel Corp. - INTC STOCK NEWS

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

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.

News
Intel Reports First-Quarter 2024 Financial Results
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
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Mobileye Releases First Quarter 2024 Results and Provides Business Overview
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
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Intel Builds World’s Largest Neuromorphic System to Enable More Sustainable AI
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%
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AI
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Mobileye EyeQ6 Lite Launches to Speed ADAS Upgrades Worldwide
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
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-1.6%
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Intel Brings AI-Platform Innovation to Life at the Olympic Games
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%
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AI
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Mobileye Announces Timing of its First Quarter 2024 Results
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%
Tags
earnings
News
Infosys Topaz and Intel Collaborate to Accelerate Enterprise Growth and Efficiency with Generative AI
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
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End-of-Day
-1.04%
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AI
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Intel Unleashes Enterprise AI with Gaudi 3, AI Open Systems Strategy and New Customer Wins
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%
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AI
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Intel to Report First-Quarter 2024 Financial Results
Rhea-AI Summary
Intel will report its first-quarter 2024 financial results on April 25, 2024, followed by an earnings conference call to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
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conferences earnings
News
Intel Outlines Financial Framework for Foundry Business, Sets Path to Margin Expansion
Rhea-AI Summary
Intel introduces a new financial reporting structure aligned with its foundry operating model, focusing on transparency, cost savings, and growth. The company aims to drive increased cost discipline and higher returns through greater transparency, accountability, and incentives. The new model includes recast operating segment financial results, clear goals for long-term growth, and profitability, and a targeted path towards enhancing shareholder value. Intel Foundry, a key component, aims to achieve break-even operating margins by 2030 and become the world's second-largest foundry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.22%
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Intel Corp.

Nasdaq:INTC

INTC Rankings

#68 Ranked by Market Cap
#765 Ranked by Stock Gains
#1645 Ranked by Dividends

INTC Stock Data

151.93B
4.22B
0.06%
67.79%
1.7%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
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.