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
Shares of computer processor maker Intel (NASDAQ:INTC)
fell 10.9% in the afternoon session after China imposed a 34% tariff on all U.S. imports amid escalating trade war tensions. This was especially rough for the US chipmakers because a big chunk of their business leans on demand out of China. The new tariffs not only threaten to erode profit margins but also risk reducing market share.
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Dip-buying absent in early NY trading, Wall Street deep in red as trade war fears escalate despite strong jobs report. Investors on edge for hints from Fed Chair Powell.
TSMC is set to acquire a 20% stake in a joint venture with Intel to address the U.S. chipmaker's ongoing struggles, including its $18.8 billion net loss in 2024, as part of a broader effort to revive Intel's fortunes amid pressure from U.S. government officials.
The JV was encouraged by members of the Trump administration and is part of the broader 'America First' effort to revive the U.S. chipmaking sector after decades of decay.
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Microsoft (NASDAQ: MSFT) founder, Bill Gates, nostalgically looks back on the computer code he wrote 50 years ago, which played a pivotal role in the creation of the tech giant.
Intel Corporation today announced that it will report first-quarter financial results on Thursday, April 24, 2025, promptly after close of market. Intel will then hold an earnings conference call at 2 p.m. PDT that day to discuss the results.
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According to a report by the Financial Times, some industry insiders speculate that the U.S. government may eventually pressure TSMC to support struggling domestic manufacturers like Intel.
Benjamin Netanyahu, the Prime Minister of Israel, announced the cancellation of all customs duties on U.S. products, aiming to strengthen the alliance between the two nations.
