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. Read More
The past week has been a rollercoaster ride in the tech world. From President Donald Trump's controversial stake in Intel Corporation to Beijing's backlash against Nvidia Corporation and Mark Zuckerberg's AI restructuring at Meta Platforms, the tech industry has been buzzing with activity. Let's dive into the details.
Intel Corporation’s stock jumped 5.53% to close at $24.80 on Friday, Aug. 22, after President Donald Trump confirmed that the United States government will purchase a nearly 10% stake in the company. The investment is valued at around $8.9 billion.
Remarks by the Federal Reserve chair sparked a rally in stocks, but upcoming data as the market enters a historically weak month could mean more downside ahead
President Donald Trump's announcement that the U.S. government now holds a 10% stake in Intel, valued at $11 billion, has sparked sharp debate, with economist Peter Schiff calling it unconstitutional and a threat to free-market capitalism, while analyst Daniel Newman praised it as a critical investment for national security and semiconductor independence.
Intel Corp is rallying late on Friday after President Donald Trump confirmed the US government has finalised a deal to take a 10% equity stake in the beleaguered chipmaker.
The financial markets are abuzz with intensified expectations for a September interest rate cut by the Federal Reserve. This anticipation has triggered a significant reaction in the bond market, most notably a sharp tumble in Treasury yields and a broad weakening of the U.S. dollar. This immediate market response
Intel Corporation today announced an agreement with the Trump Administration to support the continued expansion of American technology and manufacturing leadership. Under terms of the agreement, the United States government will make an $8.9 billion investment in Intel common stock, reflecting the confidence the Administration has in Intel to advance key national priorities and the critically important role the company plays in expanding the domestic semiconductor industry.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Friday. Below you can find the top S&P500 gainers and losers in today's session.
Stay informed about the most active stocks in the S&P500 index on Friday's session. Discover the stocks that are generating the highest trading volume and driving market activity.
Nvidia (NASDAQ: NVDA) CEO Jensen Huang praised Taiwan Semiconductor Manufacturing Co. (NYSE: TSMC) and suggested that investing in the company would be a wise move.
