Intel’s stock price dropped by more than 8% on Friday after the company shared disappointing predictions for its future earnings. The new CEO, Lip-Bu Tan, had promised to turn things around, but investors were not convinced. For years, Intel has been struggling to keep up in the fast-growing artificial intelligence (AI) industry. At the same …
Intel, a giant in the computer chip industry, recently surprised everyone by reporting much better earnings than expected. This news caused their stock prices to jump by an impressive 7% in after-hours trading. Let’s break down what this means and what’s going on with Intel. Strong Earnings ReportOn October 31, Intel announced its earnings for …
After realizing sales are waning, Intel has opted to shed over 15,000 jobs in an attempt to revive its dwindling fortunes and get ahead of the competition. The company's stock nosedived as a result and took down other technology stocks alongside it. Stocks hit worldwide markets. Intel's CEO, Pat Gelsinger, assured investors that primary changes …
It turned out to be a gloomy Friday for global stock markets due to rising fears of a possible US recession. Japan's main stock index, the Nikkei 225, was down 5.8 percent after a disappointing update from Intel sparked selling in technology shares across the board. Intel Fears and Effect on the Stock Market Intel …
“We’re delighted to announce our partnership with Intel for the Death Stranding Director’s Cut edition on PC. Death Stranding has been a hugely popular game with PC players and we’re excited to see how Intel’s new X e SS technology will enhance player experiences for Director’s Cut,” said Neil Rally, president of 505 Games, in …
