Latest Intel Corp News

CEOs of OpenAI and Intel cite artificial intelligence's voracious appetite for processing power

Feb. 21, 2024 20:24 PM EST

SAN JOSE, Calif. (AP) — Two tech CEOs scrambling to produce more of the sophisticated chips needed for artificial intelligence met for a brainstorming session Wednesday while the booming market’s early leader reported another quarter of eye-popping growth. The on-stage...

Mobileye CEO Shashua expects more autonomous vehicles on the road in 2 years as tech moves ahead

Feb. 12, 2024 09:49 AM EST

DETROIT (AP) — Six years ago, automakers and tech companies thought they were on the cusp of putting thousands of self-driving robotaxis on the street to carry passengers without a human driver. Then an Uber autonomous test vehicle hit and killed a pedestrian in Arizona, multiple...

Stock market today: Wall Street closes its 12th winning week in the last 13 with a mixed finish

Jan. 26, 2024 17:11 PM EST

NEW YORK (AP) — Wall Street closed out its latest winning week with a mixed finish on Friday, as drops for technology stocks dragged on the market. The S&P 500 slipped 3.19 points, or 0.1%, to 4,890.97. It’s the first decline for the index after a six-day winning streak led...

How major US stock indexes fared Friday, 1/26/2024

Jan. 26, 2024 16:40 PM EST

Wall Street closed its latest winning week with a mixed finish, as drops for technology stocks dragged on the market. The S&P 500 slipped 0.1% Friday. It’s the first decline for the index after it set record highs for five straight days. The Dow Jones Industrial Average rose...

Intel, KLA fall; American Express, Olin rise, Friday, 1/26/2024

Jan. 26, 2024 16:14 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: Intel Corp., down $5.90 to $43.65. The chipmaker gave investors a weak earnings and revenue forecast for the current quarter. American Express Co., up $13.36 to...

Intel: Q4 Earnings Snapshot

Jan. 25, 2024 16:38 PM EST

SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Intel Corp. (INTC) on Thursday reported fourth-quarter profit of $2.67 billion. On a per-share basis, the Santa Clara, California-based company said it had profit of 63 cents. Earnings, adjusted for one-time gains and costs,...

Synopsys buying Ansys in $35 billion deal, creating automation and engineering software giant

Jan. 16, 2024 11:39 AM EST

Synopsys is buying Ansys in a cash-and-stock deal valued at approximately $35 billion, the first big buyout attempt of the year that would join two big automation and engineering software companies. Ansys shareholders will receive $197 in cash and 0.3450 shares of Synopsys common...

Editorial Roundup: Ohio

Jan. 15, 2024 07:19 AM EST

Youngstown Vindicator. January 12, 2024. Editorial: Enjoy sports betting, but do it responsibly One year after sports betting became legal in Ohio, we are seeing enormous amounts of spending that we expect will only grow. As we reported last week, the...

Olympics brings on its first beer brand as a global sponsor — Budweiser's AB InBev

Jan. 12, 2024 13:10 PM EST

LONDON (AP) — The International Olympic Committee has signed Anheuser-Busch InBev as the first beer brand in the 40-year history of its sponsorship program, which earns billions of dollars for the organization and international sports. The deal was announced Friday by the IOC and...

Stock market today: Asian shares climb, tracking advance on Wall Street in final week of 2023

Dec. 27, 2023 02:32 AM EST

Asian shares advanced on Wednesday, tracking Wall Street gains as markets there reopened for what’s expected to be a quiet, holiday-shortened week of trading. U.S. futures were higher and oil prices were steady. Tokyo’s Nikkei 225 index added 1.2% to 33,681.24 as...