Intel is soaring
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Intel, stock
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Intel reported a big first quarter of revenue led by fresh AI demand for its CPUs. The company also delivered a big forecast for the current quarter.
The tech giant reported a 'blowout' quarter with record revenue and stock surge, but its Licking County plants are still on their extended timeline.
Billionaire Elon Musk said Wednesday he plans to use Intel’s forthcoming 14A production technology to make chips in his “Terafab” project for artificial intelligence, self-driving cars and spaceflight.
SAP shares jumped after the German business-software firm reported growth in its cloud business, alleviating fears about the impact of AI and geopolitical tensions on software sales. The report allowed ServiceNow to recoup some of its recent losses, but the American software firm is still down 38% for the year to date.
Elon Musk on Wednesday said that TeraFab plans to use Intel's 14A fabrication technology when it has its own production capacity later this decade and when th
Intel shares jumped 19% Thursday afternoon as the chipmaker reported sales far above its forecasts and predicted continued strong demand for its products. The stock briefly topped $80 a share, the highest point in Intel’s history,
Live Updates Google Bets 4 hours ago Google (NASDAQ: GOOGL) is deepening its bet on AI, committing another $10 billion to Anthropic at a $350 billion valuation. Bloomberg reports an additional $30 billion could follow if the target company clears a set of performance benchmarks.
Intel’s business is looking up, welcome news for the company bringing a $28 billion manufacturing plant to Licking County. “A year ago, the conversation about Intel was about whether we could survive,
Intel stock rocketed 25% higher in early trading Friday after the company reported better-than-anticipated first quarter earnings and positive Q2 outlook on Thursday, sending shar
Tesla plans to use Intel’s 14A chip technology for Musk’s Terafab AI project, boosting Intel’s contract ambitions amid rising AI semiconductor demand.