Intel shares climbed 4% and other chip stocks like NVIDIA and AMD also rose, defying expectations that a strong jobs report and increased odds of a September Federal Reserve rate hike would hurt high-multiple tech stocks. The semiconductor sector outperformed broader tech, supported by strong revenue growth and optimism around Intel's foundry turnaround and AI-related data center demand. Investors are watching if this chip stock rally can sustain amid tightening monetary policy and upcoming economic data releases.
The U.S. Supreme Court heard arguments in a case involving Intel's 401(k) retirement plan, where a former employee claimed fiduciaries breached their duties by investing in underperforming hedge funds and private equity. The key issue is whether unde...
Intel's stock has surged over 200% in 2026, driven by strong revenue growth and strategic focus under CEO Lip-Bu Tan. The company reported a 25.4% revenue increase in Q2 and has beaten earnings estimates for seven consecutive quarters. Despite this, ...
Intel's market capitalization recently reached $562.65 billion, slightly surpassing the combined $552.80 billion valuation of Coca-Cola and PepsiCo. This is notable because Intel posted a $11.29 billion loss last year, while Coca-Cola and PepsiCo ear...
Intel's stock faced a dip after Elon Musk's comments on TSMC, but the company remains a strong buy due to management execution, improving gross margins, and ongoing price hikes. Intel's Q3 guidance projects $15.8–$16.8 billion in revenue, a 42% non-G...
Microsoft launched the Surface Laptop Ultra, its most powerful laptop ever, powered by Nvidia's new RTX Spark CPU instead of Intel processors. This marks a significant shift as Intel, which still dominates PC chips by volume, loses the top-tier marke...
