Intel Corp Stock Price, News & Analysis

Intel CEO Pat Gelsinger unveiled the company’s future strategy, dubbed "IDM 2.0," during the "Intel Unleashed" webcast. This includes a $20 billion investment in two new factories in Arizona, reinforcing Intel's role in U.S. and European foundry capacity. Gelsinger emphasized the importance of Intel's in-house manufacturing capabilities, advancements in 7nm technology, and partnerships with third-party foundries. The strategy aims to create over 3,000 high-tech jobs and strengthen Intel's competitive edge in semiconductor manufacturing.

The 11th Gen Intel® Core™ S-series desktop processors, known as “Rocket Lake-S,” have been launched worldwide, led by the Intel Core i9-11900K. This processor reaches speeds of up to 5.3GHz, offering significant performance boosts for gaming and PC enthusiasts. Key improvements include a 19% increase in instructions per cycle, 50% better integrated graphics performance, and support for advanced AI workloads. Collaboration with over 200 game developers enhances gaming experiences. The release emphasizes superior tuning, stability, and rich media capabilities, marking a significant step forward in desktop processing technology.

Intel has released a study indicating that transparency and proactive security measures significantly influence purchasing decisions in technology. Conducted by Ponemon Institute with 1,875 respondents globally, the findings revealed that 73% prefer vendors who actively manage security vulnerabilities, while 76% value hardware-assisted security. The study highlighted vendor characteristics like transparency and ongoing security assurance as critical factors. Intel emphasizes integrating security throughout product development to build customer trust and improve software resilience.

Intel Corporation declared a quarterly dividend of $0.3475 per share, equating to $1.39 annually. This dividend is set to be paid on June 1, 2021, to stockholders recorded by May 7, 2021. The announcement reflects Intel's commitment to returning capital to shareholders while continuing to drive innovation in semiconductor technology.

Intel has signed an agreement with the Defense Advanced Research Projects Agency (DARPA) to develop an accelerator for fully homomorphic encryption (FHE) as part of the DPRIVE program. This multiyear initiative aims to enhance data security by allowing computation on encrypted data, thereby minimizing cyber threats during processing. Intel plans to create an ASIC accelerator that could drastically improve processing speeds for FHE workloads. Microsoft will partner with Intel to facilitate the technology's commercial adoption, particularly in cloud services.

Intel is piloting its 3D Athlete Tracking (3DAT) technology in partnership with EXOS to enhance the training of aspiring professional athletes. The technology leverages AI to provide insights into athletes' velocity and biomechanics during training, enabling coaches to make precise adjustments for performance improvement. By using hands-free video analysis, 3DAT offers detailed performance metrics, empowering athletes to understand their movements better and optimize training strategies. Continued collaboration aims to further refine this technology for elite athletics.

Mobileye, a leader in autonomous vehicle technology, has partnered with Transdev Autonomous Transport System and Lohr Group to develop autonomous shuttles. They will integrate Mobileye's self-driving system into Lohr Group's i-Cristal electric shuttle, aiming to enhance public transportation services globally, starting in Europe. The collaboration seeks to deploy self-driving shuttles in public networks by 2023, improving transportation efficiency and customer experience with advanced AV technology.

Intel has announced a $5 million donation to North Carolina Central University (NCCU) over the next five years to establish a new tech law and policy center. This initiative aims to enhance diversity in legal professions by providing resources, mentorship, and internships to students and faculty. Notably, this partnership addresses systemic inequities in legal fields, with Intel pledging to support the recruitment of faculty and scholarships for underprivileged students. This commitment reflects Intel's broader goals of fostering social equity and diversity within the tech and legal sectors.

Portland General Electric (NYSE: POR) announced that Intel (NASDAQ: INTC) has joined its Green Future Impact program, securing a 15-year agreement with Avangrid Renewables (NYSE: AGR) for a new 138-megawatt solar facility in Wasco County, Oregon. This facility, dubbed Daybreak Solar, will support Intel's energy needs and create 150-200 jobs during peak construction. The project will produce power for over 32,000 homes and generate about $30 million in economic benefits. Intel's participation fills the program's original 300-megawatt capacity, demonstrating a significant commitment to renewable energy.