Archive for Tag: INTEL Market News

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Intel
16Dec
/ Csfx

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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22Oct
/ Csfx

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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16Jul
/ Csfx analytics

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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30Jun
/ Csfx analytics

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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31May
/ Csfx analytics

Intel reiterates chip supply shortages could last several years

Intel Corp (NASDAQ:INTC) is trading down 1.06% at 57.12 Intel Corp (NASDAQ:INTC)’s CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer...

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