All articles tagged with #intel
Intel unveils Crescent Island, a Xe3P-based data-center GPU with four compute slices totaling 32 cores, up to 480 GB of LPDDR5X memory, and a 350W TDP on air-cooled PCIe cards, engineered for dense, cost-efficient AI inference workloads with broad data-type support and an open software stack; sampling is planned for the second half of 2026.
Intel previewed Diamond Rapids Xeon 7 data‑center CPUs on the 18A‑P process with up to 256 P‑Cores, a shared 1.28 GB L3/LLC, 16‑channel DDR5 memory up to 12,800 MT/s, and 128 PCIe Gen6 lanes plus CXL 3.0. The chips use a disaggregated, multi‑tile SoC design with Foveros Direct 3D and UCIe‑S interconnect to boost AI workloads, and are positioned against AMD EPYC Venice. SMT is not included in this generation; Coral Rapids will reintroduce SMT later (mid‑2028 launch targeted). Launch cadence may accelerate due to AI demand.
Intel reportedly plans to bring its Big Last Level Cache (bLLC) to next-gen Nova Lake desktop CPUs, a move that mirrors AMD’s 3D V-cache strategy and could boost gaming laptop performance with desktop-like memory bandwidth, while mobile variants (Raptor Lake-HX, Razor Lake) may also adopt the tech; rumors suggest a Ryzen 7 9800X3D for laptops could appear at CES 2027, though higher performance likely comes with higher cost.
Stanley Druckenmiller’s Duquesne Family Office disclosed new positions in Broadcom, Intel and Arm as part of a coordinated AI infrastructure semiconductor basket. The trio spans different layers of the AI compute stack—Broadcom for ASICs and networking silicon, Intel as a host CPU/foundry partner, and Arm as CPU IP—aiming to diversify hyperscaler silicon sourcing beyond Nvidia. Since the March entry, the stocks have surged, underscoring a higher-entry risk for new retail investors but a broader AI compute thesis that hinges on diversified supply across ASICs, CPUs, and IP.
Linux 7.2 arrives with faster I/O performance and driver improvements for AMD and Intel, adds Cache-Aware Scheduling, the USB4STREAM protocol, and HDMI 2.1 FRL support, plus late patches and a DRM scheduler revert as the 7.3 merge window opens; it will power Ubuntu 26.10 and other forthcoming releases.
Inflation cooled while Nvidia- and Intel-led AI stock gains helped lift markets last week.
Bank of America maintains a Buy rating on Intel after a $20 billion stock offering (210.5 million shares at $95) would dilute existing holders by about 4–5%, but the bank says the funds could accelerate Intel’s foundry expansion and advanced packaging, potentially boosting wafer fabrication share by 2030. BofA lowers its price target to $145 from $160 due to dilution and weaker AI‑focused semiconductor multiples, while noting execution risks around yields, process ramps, and rival packaging competition.
Intel CEO Lip-Bu Tan reportedly sought U.S. government approval from officials including US Commerce Secretary Howard Lutnick for a up-to-$20 billion secondary stock sale to fund AI initiatives and its Ohio manufacturing plans. The government chose not to participate, but Lutnick approved the plan and an anchor investor was lined up to backstop the sale, which will dilute the government’s 9.9% stake. The move signals confidence in Intel’s turnaround and its ability to fund growth with private money, even as shares slipped about 4% on the news.
Intel’s 165% year‑to‑date rally is easing the cost of financing its AI ambitions: the chipmaker upsized a stock sale to raise about $20 billion by selling 210.5 million new shares at $95 each, with underwriters able to buy ~31.6 million more for a potential total near $23 billion. At $95, Intel would raise $20B with roughly 211 million shares; at last year’s government‑set price of $20.47, raising the same amount would have required about 977 million shares—nearly 80% more—so the rally significantly reduces dilution for existing holders. Intel is boosting spending on factories and AI compute, a different play from Nvidia/AMD, and Washington’s prior $8.9B Intel stake underscores policy stakes in U.S. chip manufacturing. While dilution remains a possibility with additional issuances, the stock surge has made funding its AI comeback easier to finance.
Intel disclosed a surprise plan to raise $15 billion through an underwritten public stock offering, sending INTC shares down about 4.6%. The net proceeds will go to general corporate purposes, heavy-capex, and working capital to support its turnaround and capitalize on surging AI compute demand. Management framed the move as prudent financing aligned with customer demand and strict return discipline, while analysts largely viewed it as a sensible option given the stock price despite near-term dilution. JPMorgan, Goldman Sachs, Morgan Stanley, and Citigroup are leading the offering.
U.S. stocks opened the week lower as oil prices climbed and Nvidia slid after reports that AI-infrastructure financing could reach roughly $500 billion, dragging the tech sector down while the broader indices dipped: the S&P 500 around -0.1%, the Dow about -0.1%, and the Nasdaq around -0.3%. Oil benchmarks surged with Brent near $85+ and WTI above $80 amid Iran-Hormuz tension and wait for CPI data that could influence Fed policy. Intel also fell after announcing a $15 billion stock offering. Earnings season continues with AI infrastructure players on the docket, as investors weigh inflation signals and rate paths.
Intel fell about 5% after announcing a $15 billion underwritten public stock offering to fund its foundry expansion and AI compute growth. Underwriters include JPMorgan Chase, Goldman Sachs, Morgan Stanley and Citigroup, with a potential extra $2.25 billion option. Traders viewed this as a standalone capital-structure move rather than a broad chip-sector signal, as AMD, NVIDIA and Broadcom mostly hold steady. Intel cites strong AI compute demand and higher capex for 2026, including a Tesla 14A foundry customer, and Wall Street targets remain above current levels, around $115.
Intel said it plans to raise about $15 billion by selling new shares to help fund its expensive foundry expansion, riding a year-to-date stock rally that has nearly tripled the shares and outpaced peers; the funds would bolster higher capex, 14A manufacturing by 2028, and customers like Tesla, with underwriters allowed to buy up to $2.25 billion more shares.
Intel’s Core Ultra 7 270K Plus and Core Ultra 5 250K Plus are now available below MSRP as part of the Gamer Days promotion, with the 270K Plus at $290 (about $49 below the new MSRP) and the 250K Plus starting around $194–$209 depending on SKU. The two-game bundle, worth about $119.98, includes Tomb Raider: Legacy of Atlantis and Star Wars: Galactic Racer and is valid for purchases during Aug 10 to Sept 13, 2026, with claim submissions accepted through Sept 30, 2026 and redemption running through Oct 31, 2026. Tomb Raider: Legacy of Atlantis launches Feb 12, 2027, while Star Wars: Galactic Racer launches Oct 6, 2026.