Intel Corporation is a leader in semiconductor manufacturing, specializing in the design and production of advanced integrated circuits and microprocessors that power a wide range of computing devices, from personal computers to data centers and Internet of Things applications. The company is renowned for its innovative technologies that drive performance and efficiency in computing, offering products tailored for various sectors including consumer, enterprise, and mobile markets. In addition to hardware, Intel also invests in software and services to support its ecosystem, fostering advancements in artificial intelligence, cloud computing, and autonomous systems. Through its commitment to research and development, Intel plays a critical role in shaping the future of technology.
Curious about the most active S&P500 stocks in today's session? Get insights into the stocks that are leading the way in terms of trading volume and market attention.
Following the launch of the Thailand Satellite Manufacturing Center, Intercontinental Space recently announced that its satellite integrated electronics manufacturing base in Penang, Malaysia has officially opened. The base focuses on the research and development and production of satellite electronic systems, including core modules such as onboard computers, power controllers, and communication payloads, marking the initial formation of Intercontinental Space's "satellite electronics ecosystem" in Southeast Asia.
Instead of selling the entirety or parts of its business, Intel is reportedly exploring outside financial backers, including customers interested in taking a stake in its manufacturing unit.
Taiwan Semiconductor has proposed a joint venture deal with some of the largest players in the semiconductor industry, pushing its upside potential higher.
S&P 500 falls 10% from all-time high due to trade tensions and Trump's tariff threats. Only 37% of stocks above moving average, inflation data positive.
Stay informed about the performance of the S&P500 index in the middle of the day on Thursday. Uncover the top gainers and losers in today's session for valuable insights.
Bears regained control on Wall Street, with major indices wiping out Wednesday's gains and retesting recent lows as investor concerns over tariffs continue to weigh on sentiment.
Shares of computer processor maker Intel (NASDAQINTC)
jumped 16.6% in the morning session after the company named Lip-Bu Tan, the former chief executive of Cadence Design Systems, as its new CEO. Following the announcement, Bank of America analysts decided it was time to change their tune, upgrading Intel from Sell to Hold. Their improved outlook is related to Tan's solid track record as they believed with him at the helm, there's a better shot at turning things around. They also raised their price target to $25.
