Mobileye, an Intel subsidiary known for autonomous vehicle technology, announced plans to start a robotaxi service in a U.S. city in 2027, initially deploying 100 autonomous vehicles. The company aims to expand this fleet to about 17,000 robotaxis over five years if the launch succeeds. This move marks Mobileye's shift from solely supplying self-driving systems to also operating its own robotaxi service, leveraging its technology and the Moovit app for consumer access. The initiative complements Mobileye's existing partnerships and aims to accelerate autonomous mobility adoption while gaining direct operational experience.
Shares of major chipmakers like Marvell, AMD, and Intel dropped sharply after Lam Research, a chip equipment supplier, warned of ongoing supply chain constraints that could limit semiconductor production into 2027. This supply squeeze is hitting comp...
Intel shares fell nearly 15% in a month despite posting its strongest revenue growth in 15 years, driven by a 25.4% year-over-year revenue increase. Key catalysts for a potential turnaround include ramping up Intel 18A chip production, accelerating d...
Intel's current valuation assumes a quick margin recovery and success in its foundry business, but these are not yet proven. While its DCAI segment shows strong growth, foundry revenue from external customers is still limited, with a significant oper...
Intel continues to be a viable investment option even though it lags behind competitors Nvidia and AMD in artificial intelligence innovation. The company can still build a highly profitable and attractive business without leading the AI race. Intel's...
Anthropic has locked in over $600 billion in computing power commitments, exceeding Intel's entire market value, as it prepares for its IPO. This massive demand primarily benefits AMD, which expects significant revenue growth from AI-related data cen...
