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The stock jumped yesterday after the company secured $3 billion in funding from the CHIPS Act, and today it's climbing again after it announced a new partnership with Amazon (NASDAQ: AMZN).
Last Monday, Intel announced that it signed a deal with Amazon to build custom chips for Amazon Web Services, a positive sign for the company’s nascent third-party foundry business.
Intel's stock took a major hit ... Click here for the latest technology news that will impact the stock market. Read the latest financial and business news from Yahoo Finance. Show comments.
Intel faces an "uphill battle" to turn itself around and compete with the likes of Nvidia , AMD , and Taiwan Semiconductor , Goldman Sachs analyst Toshiya Hari told Yahoo Finance at the Goldman ...
The news was anticipated after Nvidia split its stock in June, but it nonetheless marks the end of an era for Intel, which has been part of the Dow for 25 years. As of 11:16 a.m. ET, shares of ...
Shares of Intel (NASDAQ: INTC) were moving higher today on reports that the legacy chip giant could be acquired. While the buzz is just a rumor at this point, it was enough to send the stock up 8. ...
Intel's CHIPS Act funding could disappear if ... Click here for the latest technology news that will impact the stock market. Read the latest financial and business news from Yahoo Finance. Show ...
Shares of Intel (NASDAQ: INTC) are flying higher on Tuesday. The company's stock gained 6.6% as of 3 p.m. ET but was up as much as 10.7% earlier in the day. The gain comes as the S&P 500 slipped 0 ...