Welcome to our dedicated page for Intel news (Ticker: INTC), a resource for investors and traders seeking the latest updates and insights on Intel stock.
Intel Corporation reports developments across its advanced semiconductor design and manufacturing business, including Intel Products, the Client Computing Group, Data Center and AI, and Intel Foundry. Company updates commonly address operating results, CPU and AI-related demand, wafer and advanced packaging capacity, corporate strategy, capital allocation, and changes affecting major manufacturing assets.
Intel news also includes governance and leadership developments, proxy matters, and ownership-linked updates from Mobileye, an independently listed company in which Intel retains majority ownership. These items connect Intel’s public-company disclosures with its product roadmap, foundry strategy, manufacturing network, and broader semiconductor capital structure.
Intel has announced its plan to take Mobileye public in mid-2022 through an initial public offering (IPO), leveraging Mobileye's anticipated revenue growth of over 40% in 2021. Mobileye has achieved significant milestones, including shipping its 100 millionth EyeQ® system-on-chip and securing 41 new ADAS program wins. Intel will retain majority ownership of Mobileye post-IPO. The collaboration aims to enhance their combined automotive technology efforts. Intel emphasized that this IPO is targeted at unlocking value for shareholders without impacting its 2021 financial targets.
Intel has launched the 12th Gen Intel Core processor family, featuring six unlocked desktop processors, including the Core i9-12900K, touted as the world's best gaming processor. Preorders are live, with full availability starting Nov. 4. The new performance hybrid architecture is built on Intel's 7 process, allowing for significant boosts in content creation speed and gaming performance. Enhancements include support for DDR5 memory and PCIe 5.0, targeting over 500 designs. Availability expected for over 140 customers across 30 countries, with pricing ranging from $264 to $589.
Intel recently announced significant innovations at its Intel Innovation event, emphasizing a commitment to developers and an open ecosystem. Key highlights include the launch of the 12th Gen Intel Core processors, designed for superior performance across all PC segments, and advancements in AI with the upcoming Aurora supercomputer, projected to exceed double exaflops in performance. A partnership with Google Cloud for the development of the Mount Evans ASIC-based IPU was also unveiled, indicating deep collaboration in enhancing cloud infrastructure.
Swiss Re is collaborating with Decentriq to enhance data privacy using Intel SGX technology. This partnership aims to secure sensitive datasets while performing analytics, addressing challenges in accessing such data. Swiss Re has demonstrated improved performance, security, and market speed through a proof of concept in marine insurance. This use of confidential computing is anticipated to unlock new business opportunities and enhance insurance pricing models as the industry adapts to a more data-driven environment.
Summary not available.
Helbiz Inc. (NASDAQ: HLBZ) expands its partnership with Moovit, an Intel company (NASDAQ: INTC), to integrate its electric vehicles into the Moovit app. This collaboration will provide users access to Helbiz's micro-mobility vehicles in over 35 cities across the United States and Europe, including upcoming expansions to Spain, France, and Serbia. The integration aims to promote sustainable travel options and gather mobility data to alleviate urban congestion. Helbiz continues to enhance its services, contributing to smart city initiatives and the growth of green transportation.
Intel has launched Loihi 2, its second-generation neuromorphic research chip, alongside Lava, an open-source software framework. Loihi 2 features up to 1 million neurons per chip, providing up to 10 times faster processing and improved energy efficiency. The technology aims to enhance applications in areas like robotics, vision, and voice recognition. Additionally, the Lava framework facilitates cross-platform application development, addressing needs in the neuromorphic research community.
Intel has announced a $20 billion capacity expansion, raising its total investment in location value="LS/us.az" idsrc="xmltag.org"Arizona to over $50 billion. Groundbreaking for two new chip factories took place at the Ocotillo campus, marking the largest private investment in Arizona's history. This expansion aims to bolster U.S. semiconductor leadership, creating over 3,000 high-tech jobs, and supporting an estimated 15,000 indirect jobs. The new facilities will begin operations in 2024, focusing on advanced technologies critical for various industry segments.
Intel Corporation has declared a quarterly dividend of $0.3475 per share, totaling $1.39 annually. This dividend will be payable on December 1, 2021, to shareholders of record as of November 7, 2021. Intel continues to be a leader in semiconductor technology, focusing on innovation to address customer challenges and drive global progress.
Mobileye, an Intel company, has launched a new 6-passenger electric autonomous vehicle (AV) set for commercial driverless ride-hailing services in Tel Aviv and Munich from 2022. This vehicle is equipped with the Mobileye Drive™ self-driving system and features cutting-edge technology, including 8 EyeQ™5 SoCs. The MoovitAV service aims to enhance mobility solutions, with an emphasis on safety and scalability. Mobileye is collaborating with SIXT Group for operations, which will also include partnerships for developing autonomous shuttles and delivery systems.