Intel Corp Stock Price, News & Analysis

Intel Corporation (NASDAQ: INTC) is set to report its third-quarter 2022 financial results on October 27, 2022, post-market close. The company will host an earnings conference call at 2 p.m. PDT to discuss these results. Shareholders and interested parties can access a live webcast of the call on Intel's Investor Relations website, where materials and a replay will also be available. Intel continues its commitment to innovation and advancement in semiconductor technology to address significant global challenges.

Intel has achieved a significant milestone in quantum computing with the highest yield of silicon spin qubit devices, demonstrating a 95% yield rate across a 300mm silicon wafer. This success, leveraging Intel's transistor manufacturing technology, allows for greater uniformity and opens pathways for scaling quantum chips critical for commercial quantum computers. The research utilized Intel's cryoprober and second-generation silicon spin test chip, resulting in over 900 single quantum dots and 400 double dots that can be characterized rapidly at extremely low temperatures.

Intel Corporation has announced that its subsidiary, Mobileye Global Inc., has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering (IPO) of its Class A common stock. Mobileye plans to list on Nasdaq under the ticker symbol MBLY. The details regarding the number of shares and pricing are yet to be determined. Goldman Sachs and Morgan Stanley will serve as joint lead managers for the offering.

Intel has launched new services and tools for developers, focused on AI, security, and quantum computing. Key highlights include the transition of oneAPI to Codeplay, pilot programs for Project Amber with Leidos, and new AI reference kits for healthcare. Intel's Quantum SDK aims to teach quantum algorithm programming. Collaborations with Red Hat are set to enhance AI deployment through OpenShift Data Science. The company emphasizes open ecosystems to drive innovation.

Intel has unveiled its 13th Gen Intel Core processors at the Intel Innovation event, enhancing gaming and content creation performances. The Intel Developer Cloud now provides early access to future hardware, including the upcoming 4th Gen Xeon Scalable processors. Major advancements in Intel's GPU lineup were also announced, with new pricing and availability details. The Intel Geti platform simplifies AI deployment for enterprises, while Intel’s commitment to an open chiplet ecosystem signals a transformative approach to semiconductor manufacturing.

Intel unveiled its 13th Gen Intel Core processor family, highlighted by the Core i9-13900K, the world’s fastest desktop processor. Featuring up to 24 cores and clock speeds reaching 5.8 GHz, these processors enhance gaming, streaming, and content creation. The lineup shows up to 41% improvement in multi-threaded performance and supports both DDR4 and DDR5 memory. The new Intel 700 Series chipset will be available alongside these processors, ensuring backward compatibility and enhanced performance features. The processors are set for availability on October 20, 2022.

Mobileye and Geely Holding Group have announced an expansion of their collaboration for advanced driver-assistance systems (ADAS). Following the successful launch of the ZEEKR 001 electric vehicle featuring Mobileye SuperVision, three additional Geely brands will now integrate this technology.

With over 40,000 ZEEKR 001 models currently on the road, the expansion includes plans to introduce Mobileye SuperVision in more models starting next year. Both companies emphasize their commitment to enhancing driving technology through ongoing innovation and upgrades.

Intel recognized six student groups and three teachers as global grand prize winners at the AI Global Impact Festival, competing for $500,000 in prizes. The competition, held from Aug. 29 to Sept. 5, attracted over 1,000 entries from 25 countries. Winners were recognized for innovative AI projects aimed at improving accessibility, healthcare, and workplace safety. Intel aims to democratize AI technology, targeting digital readiness for 30 million people across 30,000 institutions by 2030.

Intel Corporation has declared a quarterly dividend of $0.365 per share, amounting to $1.46 annually. This dividend will be payable on Dec. 1, 2022, to shareholders on record as of Nov. 7, 2022. This announcement reflects Intel's commitment to returning value to its shareholders while continuing to innovate in the semiconductor industry, leveraging advancements in technology.