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Intel

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Intel’s Rally Defies History as 200-Day MA Gap Hits New High
business2 days ago

Intel’s Rally Defies History as 200-Day MA Gap Hits New High

Intel's stock is rallying to levels not seen since the dot-com era, trading above its 200-day moving average by the largest margin on record and up about 200% this year, fueled by progress on its 18A manufacturing process, the Core Ultra Panther Lake CPUs, and expectations of US-led foundry engagements, plus backing from partnerships with Apple and Google and government/Nvidia investments, though the rally remains subject to ongoing chip-market volatility.

Intel Nova Lake Brings AVX-512 Back to Consumer CPUs Across P- and E-Cores
technology3 days ago

Intel Nova Lake Brings AVX-512 Back to Consumer CPUs Across P- and E-Cores

Intel’s Nova Lake CPUs will reintroduce AVX-512 on client CPUs, enabling 512-bit vector instructions on both P-Cores and E-Cores via the AVX-10.2 ISA. This marks AVX-512’s return to consumer hardware after six years (last on Tiger Lake), with Intel reviving SMT on Coral Rapids Xeons as part of the same trend. AMD has offered AVX-512 on Zen 4/Zen 5, so the move helps Intel compete on performance for workloads that rely on wide vector ops, potentially delivering meaningful gains (reported up to about 43% vs standard AVX in some scenarios), though real-world results will vary by software and workload.

Tech Giants Burn Billions on Severance as Job Cuts Reshape the Industry
business9 days ago

Tech Giants Burn Billions on Severance as Job Cuts Reshape the Industry

Tech giants are spending billions on severance and layoffs as they trim staff after the pandemic-era hiring spree. Amazon disclosed about $2.7 billion in estimated severance through 2025 (with $1.8B recorded in the prior quarter) as it continues large-scale job cuts; other Mag 7 members either did not disclose severance separately or lumped it with restructuring charges. Outside that group, Oracle and Intel each reported roughly $1.8 billion in severance costs, while Dell ($569M) and Cisco ($617M) posted sizable exit costs; AMD and Micron reported much smaller figures. Headcount declines were sharp (Intel ~25,000 in 2025; Oracle ~21,000; Dell ~36,000 over three years), signaling a shift toward cloud/AI investment and cost discipline over expansion. Amazon’s implied severance per laid-off employee was about $60,000.

AI Chip Rally Reignites as Micron Earnings Loom
business16 days ago

AI Chip Rally Reignites as Micron Earnings Loom

AI chip stocks recovered modestly as investors awaited Micron's earnings; Nvidia rose about 1%, Intel gained around 2%, and AMD was flat, while Qualcomm fell roughly 4% after confirming its $3.9 billion bid for Modular; memory peers Western Digital fell about 3%, Sandisk and Seagate slipped around 2% each, with MU down about 1% ahead of its Q3 results.

Trump touts Intel-Apple chip pact as a milestone for U.S. manufacturing
technology19 days ago

Trump touts Intel-Apple chip pact as a milestone for U.S. manufacturing

President Donald Trump announced that Apple will work with Intel to design and manufacture chips in the United States, a potential landmark for Intel’s foundry push and domestic production. While Apple and Intel have not publicly confirmed the specifics, the deal fits into the administration’s drive to bolster U.S. chip supply and follows government backing, including Intel’s 10% stake and about $10 billion planned for U.S. semiconductor facilities. Intel’s progress on its 18A process and ongoing talks with other big buyers like Tesla and Nvidia add context to the potential impact of Apple joining Intel Foundry Services.

Trump’s Post Sparks Apple-Intel Chip Talk, But No Confirmed Deal Yet
business21 days ago

Trump’s Post Sparks Apple-Intel Chip Talk, But No Confirmed Deal Yet

A Trump Truth Social post claiming Apple will design and build chips with Intel in the U.S. caused Intel shares to jump about 11%, but neither Apple nor Intel has confirmed any deal or disclosed terms. The move highlights Intel’s turnaround and potential marquee foundry customers, but with no official confirmation and a lofty valuation, investors should wait for concrete news before acting.

Intel stock jumps as Apple chip-making talks surface, signaling ongoing turnaround
technology22 days ago

Intel stock jumps as Apple chip-making talks surface, signaling ongoing turnaround

Intel shares rose about 10% after President Trump claimed Apple will collaborate with Intel on processor manufacturing, a claim tied to a Wall Street Journal report of a preliminary Apple-Intel pact. Bernstein cautioned the deal would likely cover low-volume parts, and Apple has largely shifted away from Intel to its own chips. The move comes as Intel pushes its 18A node into production and rides AI-driven CPU demand, aided by tight capacity at rivals like TSMC.

Trump Claims Apple-Intel Pact to Bring US Chipmaking Home
technology23 days ago

Trump Claims Apple-Intel Pact to Bring US Chipmaking Home

Trump asserted on Truth Social that Apple and Intel have closed a deal to design and manufacture chips in the United States, though neither company has confirmed the news; prior reporting described a preliminary agreement for Intel to produce Apple processors at U.S. fabs in Oregon, Arizona, and Ohio, with TSMC remaining a major supplier. Production tests were expected in 2026 with full production later, and the US government reportedly holds a 10% stake in Intel tied to CHIPS Act funding.

Chipmakers jump as Apple-Intel pact touted for U.S. chip production
business23 days ago

Chipmakers jump as Apple-Intel pact touted for U.S. chip production

US chip stocks rose in premarket trading after President Trump claimed Apple will work with Intel to design and manufacture chips in the United States. Intel jumped about 8.9% in premarket trading, with Nvidia, AMD and Broadcom up roughly 1–3%, and peers like ARM, Microchip, Applied Materials and Micron higher by about 2.8–5%. Semiconductor ETFs also advanced (iShares up ~3.9%, VanEck ~3.3%, Roundhill Memory ~6.2%), as the news ties into Intel’s 18A-P fabrication progress and a broader push to bring chip manufacturing back home.

Trump-Backed U.S.-Made Apple Chips Deal Sends Intel Shares Higher
business23 days ago

Trump-Backed U.S.-Made Apple Chips Deal Sends Intel Shares Higher

Intel stock rose about 9% in premarket trading after President Trump claimed Apple had agreed to design and build chips in the U.S. with Intel, a development tied to Intel’s ongoing turnaround and a broader AI-fueled chip demand. The report notes Intel’s 12-month rally and the Terafab foundry project as part of Wall Street’s renewed interest in the company, with Apple also edging higher and the semiconductor sector posting strong gains this year.

Uber-Lucid Robotaxi Expands to Houston as Intel Advances 18A-P
technology23 days ago

Uber-Lucid Robotaxi Expands to Houston as Intel Advances 18A-P

Uber and Lucid announce Houston as the second city for their robotaxi service, with autonomous rides expected in 2027 after San Francisco; Intel says its 18A-P process node has entered initial production as part of its turnaround to compete with TSMC. The broader news slate also includes SpaceX planning to buy Cursor for $60 billion and Microsoft unveiling Surface laptops/Pro devices powered by Snapdragon X2 CPUs.