Intel announced it is joining Elon Musk's Terafab project alongside SpaceX, xAI, and Tesla, aiming to build two advanced chip factories in Austin, Texas, costing $20-25 billion. This partnership positions Intel as a key foundry partner, providing design, fabrication, and packaging services for high-volume AI, robotics, and space chips. The deal could significantly increase Intel's external foundry revenue, which was only $307 million in 2025, by adding marquee customers and leveraging existing infrastructure. While Intel's foundry remains unprofitable, this collaboration marks a major step toward profitability and competitiveness against rivals like Taiwan Semiconductor and Samsung. Investors should watch Intel's upcoming earnings for signs of progress in foundry revenue and production yields.
Asian semiconductor stocks experienced a significant decline following a sell-off in US chipmakers, with SK Hynix shares dropping over 9% in Seoul after an earlier 8% rally. The sell-off reflects concerns over AI spending and profit-taking after a st...
Sanjeev Sharma forecasts the S&P 500 will finish 2026 slightly below its starting point due to weak consumer fundamentals like stagnant wage growth, high inflation, elevated gas prices, and rising interest rates. His disposable income-based model hig...
The Direxion Daily Technology Bull 3X ETF (TECL) is rated Buy due to easing inflation and a positive outlook for the Nasdaq-100, driven by growing AI infrastructure investments and increasing influence of smaller AI-related companies beyond the major...
Intel Foundry has begun high-volume manufacturing of select Intel Core Ultra Series 3 processors, known as Panther Lake, using ASML's High NA EUV lithography on the Intel 18A process node. This marks a key milestone in semiconductor manufacturing, de...
The Direxion Daily Semiconductor Bull 3X Shares (SOXL) surged nearly 293% year-to-date but recently fell about 30% in the last month, including a sharp 16% drop in one day. SOXL uses leverage to triple daily semiconductor index returns, but this also...
