Intel Corp Stock Price, News & Analysis

Intel has launched new open source AI reference kits to enhance AI accessibility across various industries like healthcare and retail. These kits, introduced at Intel Vision, consist of AI model code and comprehensive machine learning pipeline instructions, aiding developers in accelerating AI deployment. Collaborating with Accenture, the kits include utilities for predictive maintenance, visual quality control, customer chatbots, and intelligent document indexing, optimizing AI workloads for better performance and lower costs.

Intel Corporation will announce its second-quarter 2022 financial results on July 28, 2022, after the market closes. An earnings conference call is scheduled for 2 p.m. PDT on the same day to discuss these results. Interested parties can access the live public webcast on Intel's Investor Relations website. This release highlights Intel's commitment to advancing semiconductor technology and its focus on embedding intelligence across various computing devices.

Mobileye, part of Intel, has launched the EyeQ Kit, its first software development kit for the EyeQ® system-on-chip, aimed at enhancing driver-assistance and autonomous vehicle technologies. This kit leverages the architecture of the EyeQ®6 High and EyeQ®Ultra processors, allowing automakers to customize their code and interfaces while utilizing Mobileye's core technology. The initiative seeks to reduce development costs and accelerate market delivery, with existing deployment in a major global automaker's future vehicle programs.

Intel Labs has unveiled a groundbreaking eight-wavelength laser array integrated on a silicon wafer, enhancing communication bandwidth in data centers. This advancement offers output power uniformity of +/- 0.25 dB and wavelength spacing of ±6.5%, exceeding industry standards. It signals a path to mass production for high-volume applications in AI and machine learning while leveraging Intel’s 300mm silicon photonics manufacturing process. Gartner predicts that by 2025, silicon photonics will represent over 20% of high-bandwidth data center channels, equating to a $2.6 billion market.

Intel Corporation announces the appointment of April Miller Boise as executive vice president and chief legal officer, commencing July 6. She succeeds Steven Rodgers, who retired after over 20 years. Miller Boise brings over 25 years of diverse legal and business experience, having previously served at Eaton Corp. and Meritor Inc. Her role includes leading Intel’s global legal, trade, and government affairs while reporting directly to CEO Pat Gelsinger. Miller Boise is expected to be a key player in navigating the company's transformation during a complex legal environment.

Intel showcased its latest security innovations at the RSA Conference in San Francisco, emphasizing its commitment to addressing security challenges posed by hybrid workforces and connected devices. Key highlights include the introduction of the Intel NetSec Accelerator Reference Design, enhancing network security deployment. The company's 2021 Product Security Report revealed that 93% of vulnerabilities were mitigated through proactive security investments. Collaborative efforts with ecosystem partners highlight the continuous push for secure computing solutions across various sectors.

Intel Corporation has announced its participation in two key investor events on June 7. At 8 a.m. PDT, Todd Brady, vice president of Global Public Affairs, will discuss ESG matters at the Goldman Sachs Global Semiconductor Conference. Following this, at 2 p.m. PDT, a fireside chat will feature David Zinsner and Sandra Rivera discussing business trends at the BofA Securities Global Technology Conference. Live webcasts will be available on Intel's Investor Relations website.

Intel Corporation announces the introduction of Rialto Bridge, its latest GPU designed for high-performance computing (HPC), at the International Supercomputing Conference in Hamburg, Germany. This new GPU will feature up to 160 Xe cores, offering enhanced performance, efficiency, and I/O bandwidth. With ambitious goals for sustainability, Intel aims for net-zero greenhouse gas emissions by 2040. The company also emphasizes its roadmap to advance heterogeneous computing architectures, targeting significant improvements in performance and power consumption across various workloads.

Intel has selected a diverse team led by Gilbane Building Company to manage early excavation for its two new chip factories in Ohio. This marks the beginning of Intel's plan to create 7,000 construction jobs and tens of thousands of indirect jobs, boosting the local economy. The project, with an initial investment of over $20 billion, aims to enhance semiconductor production and support Intel's IDM 2.0 strategy. Gilbane and local partners will focus on economic inclusion, targeting significant minority and diverse business participation throughout the project's phases.