Intel

Intel Confirms Chipmakers’ Problems Are Worsening

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It’s been a terrible year for chip and semiconductor makers.  And things are not about to get better according to Intel  (INTC) . The sector is plagued by a mountain of problems. Demand for tech products is weakening as the economic slowdown deepens and uncertainty about an upcoming recession intensifies.  But semiconductors are in almost … Read more

Intel Reports Earnings Today. Here’s What to Expect.

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Intel is facing trouble on multiple fronts, from shrinking demand for PCs to a weakening economy and tougher competition, so investors are looking forward to the chipmaker’s results, due after regular trading ends on Thursday. The Wall Street consensus estimate is that Intel (ticker: INTC ) will report revenue of $15.31 billion with adjusted earnings … Read more

Intel earnings: Will Mobileye IPO take the shadow off falling margins, rumored layoffs?

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Intel Corp. must contend with an earnings report Thursday that notably lacked a formal pre-announcement, amid a bleaker-than-expected PC market and layoff rumors — all of which may quickly overshadow the boost from Wednesday’s initial public offering of its Mobileye unit. Intel INTC, -0.73% is scheduled to report third-quarter earnings after the closing bell Thursday, … Read more

Israel shares Iran drone intel with US — RT World News

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President Herzog insists the images prove that Iran supplied Moscow with so-called “kamikaze” drones Israel has presented photos to the US that it says are proof that Russia has been using Iranian Shahed-136 kamikaze drones in Ukraine. President Isaac Herzog shared the data during his trip to Washington on Wednesday, where he met US Secretary … Read more

Mobileye prices IPO above targeted range to raise nearly $1 billion, and most of it will go to Intel

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Mobileye Global Inc. priced its initial public offering higher than its targeted range late Tuesday to raise nearly $1 billion, most of which will go to Intel Corp. Mobileye priced its initial public offering at $21 late Tuesday, the company announced in a news release, after previously stating a targeted range of $18 to $20; … Read more

Mobileye IPO: 5 things to know about the Intel autonomous-driving spinoff

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While Intel INTC executives reportedly dreamed of a valuation as high as $50 billion, the market for initial public offerings has crashed in 2022 after a record year in 2021, and expectations have taken a dive. In filings with the Securities and Exchange Commission, Intel has said that it is looking to sell at least … Read more

Pro-Trump group gathers intel for its war on voting machines

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Breadcrumb Trail Links PMN Business Author of the article: Reuters Andrew R.C. Marshall and Peter Eisler and Jason Szep Publishing date: Oct 22, 2022  •  43 minutes ago  •  13 minute read  •  Join the conversation Article content In June, a man and a woman turned up unannounced at the office of Catherine Roeske, the city … Read more