Latest Intel Corp News
Intel: Q1 Earnings Snapshot
SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Intel Corp. (INTC) on Thursday reported a loss of $381 million in its first quarter. The Santa Clara, California-based company said it had a loss of 9 cents per share. Earnings, adjusted for one-time gains and costs, came to...
Schumer says US will provide $6.1 billion to Micron Technology for chip plants in NY, Idaho
WASHINGTON (AP) — The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho. Senate Majority Leader Chuck Schumer, D-N.Y., personally courted Micron to build...
Editorial Roundup: Ohio
Marietta Times. April 12, 2024. Editorial: Justified discipline An independent, state-ordered investigation into reportedly “erratic and abusive behavior” by Ohio Rep. Elliot Forhan, D-South Euclid, has concluded legislative leaders were justified in disciplining...
Editorial Roundup: Ohio
Toledo Blade. April 3, 2024. Editorial: Why Ohio lags While Ohio has been celebrating itself as the “silicon heartland” since Intel broke ground for a $20 billion semiconductor chip fabrication plant in Licking County, the state’s economic growth is six time...
Stock market today: Asian shares mostly rise cheered by Wall Street finish
TOKYO (AP) — Asian shares mostly rose Thursday after a firm finish on Wall Street, as expectations remained solid for U.S. interest rate cuts this year. Japan's benchmark Nikkei 225 jumped 1.7% to 40,120.11. Sydney's S&P/ASX 200 rose 0.4% to 7,813.80. South Korea's Kospi added...
Signet Jewelers, Cal-Maine Foods rise; Intel falls, Wednesday, 4/3/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday: Intel Corp., down $3.61 to $40.33. The chipmaker made a disappointing update and said losses widened in 2023 for its chip manufacturing segment. Paramount Global,...
United Airlines, Dyne Therapeutics fall; Lucid Group, Century Aluminum rise, Monday, 3/25/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday: Boeing Co., up $2.56 to $191.41. Dave Calhoun will step down as CEO as the troubled plane maker deals with manufacturing and safety problems. Intel Corp., down 74...
Biden touts Arizona as America's 'future' as government invests $8.5 billion in chipmaker Intel
CHANDLER, Ariz. (AP) — President Joe Biden on Wednesday celebrated an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants around the country, talking up the investment in the political battleground state of Arizona and calling it...
Chipotle, General Mills rise; Signet Jewelers, Nasdaq fall, Wednesday, 3/20/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday: Intel Corp., up 15 cents to $42.20. The U.S. will provide the chipmaker with up to $8.5 billion in direct funding and $11 billion in loans for computer plants in Arizona, Ohio,...
Humanoid robot-maker Figure partners with OpenAI and gets backing from Jeff Bezos and tech giants
ChatGPT-maker OpenAI is looking to fuse its artificial intelligence systems into the bodies of humanoid robots as part of a new deal with robotics startup Figure. Sunnyvale, California-based Figure announced the partnership Thursday along with $675 million in venture capital funding...