Intel Corp Stock Price, News & Analysis

Intel Corporation announces the election of Barbara G. Novick, co-founder of BlackRock, to its board of directors effective Dec. 1, 2022. Novick, who has extensive experience in investment and finance, will serve as an independent director and join the Audit & Finance and Compensation committees. Her appointment is aimed at strengthening advocacy for stockholders as Intel pursues its transformation strategy. Novick has a long history in asset management, having established BlackRock's Global Government Relations and Public Policy Group.

Intel collaborates with Hope for Justice and R3 to combat modern slavery through confidential computing technology. They are developing a Private Data Exchange application to securely share sensitive information about trafficking cases. Leveraging Intel® Software Guard Extensions, this initiative aims to enhance data privacy for vulnerable individuals. The platform will enable better collaboration among NGOs, government, and intergovernmental agencies, significantly improving victim identification and rescue efforts while maintaining data integrity and confidentiality.

Intel Corporation has announced that David Zinsner, CFO, will participate in fireside chats at key investor events. These include the Credit Suisse 26th Annual Technology Conference on November 30 at 6:35 a.m. PST and the UBS 50th Global TMT Conference on December 5 at 7:50 a.m. PST. Webcasts of these events will be available on Intel's Investor Relations website. Intel's ongoing commitment to innovation in semiconductor technology aims to address customer challenges and enhance societal progress.

Intel Corporation announces that Dan Rodriguez, Vice President, will discuss 5G and edge opportunities at the New Street Research & BCG Innovation Conference on November 14, 2022, at 10:10 a.m. PST. The event will be available via live webcast on Intel's Investor Relations website intc.com. Intel's involvement and schedule may change. The company continues to lead in technology, driving advancements in semiconductors to transform data and enhance lives.

IFS USMAG Alliance has launched a new program to enhance chip design and production for national security applications. This collaboration with industry leaders like Cadence and Synopsys aims to meet stringent standards in semiconductor manufacturing, ensuring reliable and secure designs. The initiative positions Intel Foundry Services as a leader in U.S.-based semiconductor production, essential for military and government needs. This effort supports the goals of the Department of Defense and enhances the U.S.'s semiconductor ecosystem.

Intel will participate in the KubeCon + CloudNativeCon North America 2022 from October 24-28 in Detroit. This hybrid conference, organized by the Cloud Native Computing Foundation, aims to advance cloud native computing with contributions from major industry players. Keynote presentations will include topics on cloud-native journeys and edge computing. The event will also showcase various demos at the Intel booth and host several discussions on automation and deployment strategies, emphasizing Intel's commitment to innovation in the cloud-native ecosystem.

Intel expands its Ignite acceleration program for startups into the United States, focusing on deep tech in Boston while continuing operations in Tel Aviv and Munich. Nearly 100 startups have graduated from the program, which sees over 600 applications per cohort, but only 30 are selected. Intel's mentorship provides invaluable resources, leading to over $1 billion in funding for participating startups. The Boston area, ranked No. 4 for startup environments, is strategically chosen for its proximity to leading technical universities.

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.