Archive for Tag: Intel Corp's


Intel to invest $7 billion in new plant in Malaysia, creating 9,000 jobs

Intel (NASDAQ:INTC) is trading up 1.95% at 50.67 Intel Corp will invest more than $7 billion to build a new chip-packaging and testing factory in Malaysia, Chief Executive Pat Gelsinger said on Thursday, expanding production in the country following a global shortage of semiconductors. The new advanced packaging facility...

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Intel Tanks as Revenue Falls Short, Guides for Lower Margins

Intel (NASDAQ:INTC)is trading up 1.14% at 56.00 Intel stock (NASDAQ:INTC) plunged 10% in Friday’s premarket trading as third-quarter revenue fell short of its own guidance and the chipmaker predicted lower margins in the years ahead. Lower revenue from the key segment of datacentre chips weighed especially on the results,...

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Intel Gains on Report It Is in Talks to Buy GlobalFoundries for $30 Billion

Intel (NASDAQ:INTC) is trading down 1.26% at 55.81 Intel (NASDAQ:INTC)stock was up almost 1% in Friday’s premarket trading on a report in The Wall Street Journal that the company is in talks to buy GlobalFoundries for about $30 billion. Mubadala, an investment arm of the Abu Dhabi government, owns...

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Intel Weaker After Disclosing Chip Delay

Intel (NASDAQ:INTC) is trading down 1.27% at 56.75 Intel (NASDAQ:INTC)was down by 0.4% in Wednesday’s premarket trading after a company executive said it is delaying production of one of its newest chips to work on improving its performance. Intel now plans to start producing the next generation of central...

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Top 5 Stock To Trade Today 01 June 2021 | Capital Street Fx

1.TESLA :-The price of Tesla vehicles is increasing due to supply chain pressures across the auto industry, particularly for raw materials, Elon Musk said on Monday in response to a tweet https:// “Prices are increasing due to major supply chain price pressure industry-wide. Raw materials especially,” Musk said in...

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