Intel Corp Stock Price, News & Analysis

Intel Corporation announced the appointment of Matt Poirier as senior vice president of corporate development effective May 30, 2022. With over 20 years of experience in leadership, finance, and corporate development, Poirier aims to bolster Intel's strategic initiatives, particularly in mergers and acquisitions. He previously held a senior role at AMD and has a strong background in the semiconductor industry. CEO Pat Gelsinger highlighted his proven leadership, essential for Intel's transformation and long-term shareholder value.

Intel Corporation has declared a quarterly dividend of $0.365 per share, which amounts to $1.46 annually. This dividend will be payable on June 1, 2022, to stockholders of record on May 7, 2022. The announcement reflects Intel's commitment to returning value to its shareholders despite current market challenges. Investors can look forward to receiving this dividend, which underscores the company's status as an industry leader in semiconductor technology.

Intel has released a study highlighting the growing importance of hardware-assisted security solutions in organizations' cybersecurity strategies. The study found that 64% of respondents prefer innovative technology providers, with 36% currently using hardware-assisted solutions. Furthermore, 47% plan to adopt these solutions within the next year. The increasing sophistication of cyber threats is driving businesses to enhance their security measures, with $172 billion projected spending on cybersecurity in 2022.

Intel's RISE Technology Initiative supported 63 projects in its first year, investing $9.5 million across six areas including accessibility, economic recovery, education, health, social equity, and sustainability. The initiative aims to leverage Intel's technology to address complex global challenges. Notable projects include partnerships with GoodMaps for indoor navigation for the visually impaired, a skills training program for displaced sports and entertainment workers, and AI solutions to improve patient safety in healthcare. The initiative underscores Intel's commitment to social impact and innovation.

Intel has announced the 2022 Intel EPIC Supplier Program awards, recognizing outstanding supplier partners that embody excellence in supply chain performance. Key executives emphasize the importance of supplier partnerships in advancing Intel's IDM 2.0 strategy and meeting the growing demand for semiconductors. The awards feature three levels: Outstanding, Distinguished, and Valued Supplier. Notable recipients include Applied Materials, ASML, and Fujifilm. The program aims to enhance quality, innovation, and operational excellence in Intel's supply chain.

Lockheed Martin (NYSE: LMT) and Intel (Nasdaq: INTC) signed a memorandum of understanding to enhance 5G communication solutions for the Department of Defense. This collaboration aims to deliver secure 5G.MIL® solutions, allowing faster, data-driven decisions for military operations. The partnership builds on a decade of collaboration, integrating Intel's technologies into Lockheed's 5G Hybrid Base Station, which facilitates seamless communication across multiple platforms. Their joint efforts also include developments in secure computing and network infrastructure crucial for modern defense capabilities.

Intel Corporation has announced an agreement to acquire Granulate Cloud Solutions Ltd., an Israel-based company specializing in real-time optimization software for cloud and data centers. This acquisition aims to enhance performance, reduce infrastructure costs, and require no code changes from customers. Granulate's technology, which minimizes CPU utilization and latency, will leverage Intel's extensive software engineering resources to reach more clients globally. The transaction is set to close in Q2 2022 and will integrate Granulate's 120 employees into Intel's Datacenter and AI business unit.

Intel Corporation has officially launched its Intel Arc A-Series graphics family for laptops, marking a significant development in the discrete GPU market. The initial offering includes laptops featuring Arc 3 graphics, with Arc 5 and Arc 7 models expected to launch in early summer. These GPUs utilize advanced technologies aimed at enhancing gaming and content creation, including AV1 hardware acceleration and AI capabilities through XMX AI engines. This launch is seen as a pivotal step for Intel in the competitive graphics market.