Trump makes 'Apple announcement' for Intel
Digest more
Intel Corp. shares rose the most in a month after the Information reported that Alphabet Inc.’s Google will rely on it for more than 3 million specialized AI chips in 2028.
While Intel beat revenue expectations for the second quarter, that was completely overshadowed by Tan's plans to make Intel "a more financially disciplined foundry." The foundry business (that's the business of actually making the physical chips) generated ...
TL;DR: Apple and Intel have tentatively agreed for Intel to produce some Apple chips, marking a potential return to their partnership amid TSMC supply constraints. This deal reflects Intel's improved foundry capabilities and could diversify Apple's chip ...
Intel's (NASDAQ: INTC) foundry strategy until recently could be summed up as "if you build it, they will come." The company poured capital into manufacturing facilities and raced to bring new manufacturing processes into production. The Intel 18A process ...
Intel's self-inflicted wounds and mismanagement weakened its position and set the stage for the U.S. government's equity stake Intel CEO Lip-Bu Tan speaks at Intel Vision 2025 in Las Vegas in March. The next few months will determine whether Intel can ...
