Mobileye, Intel
Intel's stock price surged 6% today (here is why)
Intel stock (INTC) popped 6% early on Sept. 17 after the chip maker announced plans to separate its foundry business into an independent unit with its own board and the ability to raise outside capital.
Down More Than 50%, Can Intel Stock Rebound on New Foundry Plans?
The company also announced an expanded deal with Amazon, in which the two companies will co-invest in custom chip designs. Intel's foundry will also produce artificial intelligence (AI) fabric chips for Amazon Web Services using Intel's newest 18A technology, as well as Xeon 6 chips using its Intel 3 technology.
Mobileye’s stock surges as Intel gives this reassuring sign
That majority shareholder is Intel Corp. which is struggling to get back on track after a series of technological missteps. Intel is also in the midst of a costly bid to regain manufacturing leadership and to serve as a foundry that makes chips for other semiconductor companies.
How Intel Stock Can Surge 3x To $60
Intel stock (NASDAQ: INTC) is trading at about $19 per share, its lowest point in over a decade. Could the stock rise by over 3x per share in the next few years? Does this sound a bit ridiculous? Consider this - Intel stock was trading at levels of about $60 per share just about three years ago.
Mobileye Stock Jumps. Intel Has No Plans to Sell Its Stake.
Mobileye stock rose 8.6% in premarket trading. Intel shares gained 2.1%. “By providing Mobileye with separation and autonomy, we have enhanced its ability to capitalize on growt
Mobileye Jumps After Intel Says It Won’t Sell Majority Stake
Mobileye Global Inc. shares surged the most in nearly two years after Intel Corp. said it isn’t “currently” preparing to unload its majority stake in the maker of autonomous driving technology, easing investors’ fears.
Intel Says It Won't Sell Mobileye, Ruling Out One Option To Raise Capital
Key Takeaways Intel said it will not sell its majority stake in self-driving technology firm Mobileye.Selling part or all of Mobileye could have raised some capital as part of Intel's larger turnaround plans.
Why Intel, Alphabet, and Mobileye Stocks All Popped Today
Thursday is looking like a great day to own stocks, and tech stocks in particular -- especially tech stocks tied to autonomous cars. If you own shares of Mobileye (NASDAQ: MBLY) or Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) today,
Mobileye shares spike after Intel says it has no plans to divest majority stake
Shares in Mobileye (NASDAQ:MBLY) surged in premarket US trading on Thursday after the Israeli autonomous driving firm's majority shareholder Intel (NASDAQ:INTC) announced that it has no plans to divest its stake.
You’ll Wish You Hadn't Ignored Intel Stock
Intel will produce the specialized "AI fabric chip" for Amazon, using its 18A manufacturing process, which is the company’s ...
Intel Is Turning Its Foundry Business Into a Subsidiary. Time to Buy?
Yet its foundry business has shown potential for improvement. Intel will turn that business into a separate subsidiary, ...
Intel’s stock ranks dead last in the chip sector by this measure
Earlier this week we listed 13 stocks of semiconductor manufacturers and makers of related equipment that were most favored ...
Intel Stock: Finally At The Right Price
Intel stock has surged recently due to positive developments, including an expanded partnership with Amazon AWS. See more on ...
Intel's Beaten-Down Stock Is Getting a Reprieve Today
Shares of the chipmaker rose Tuesday, lifted by Monday night's update to CEO Pat Gelsinger’s plans to re-energize the company ...
Intel Stock Gains for Second Day
Intel (INTC) stock was set for one of its best two-day stretches in recent years, as investors reacted to a series of ...
What's Going On With Intel Stock On Tuesday?
Intel Corp (NASDAQ:INTC) stock maintained upward momentum on Tuesday, a day after CEO Pat Gelsinger clarified its ...
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom ...
Intel Stock Analysis: Here's What You Need to Know About the Recent Major Announcement
Fool.com contributor Parkev Tatevosian elaborates on what this recent news could mean for Intel (NASDAQ: INTC) stock ...