Shares of Intel surged nearly 15% on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as CEO.
Read More Intel jumps nearly 15% as investors cheer appointment of new CEO Tan
Tag: Semiconductor
US finalizes $7.86 billion chips manufacturing award for Intel
The Commerce Department said it was finalizing a $7.86 billion government subsidy for Intel after the California-based chips maker won a separate $3 billion award from the Pentagon.
Read More US finalizes $7.86 billion chips manufacturing award for Intel
Intel board member quit after differences over chipmaker’s revival plan
The sudden resignation of a high-profile Intel board member came after differences with CEO Pat Gelsinger and other directors over what the director considered the U.S. company’s bloated workforce.
Read More Intel board member quit after differences over chipmaker’s revival plan
Nvidia set to overtake Apple as world’s second-most valuable company
Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the kingmaker behind the AI revolution takes on the iPhone maker that has ruled Wall Street for decades.
Read More Nvidia set to overtake Apple as world’s second-most valuable company
Nvidia AI developer conference kicks off with new chips in focus
AI semiconductor powerhouse Nvidia kicks off its annual developer conference on Monday.
Read More Nvidia AI developer conference kicks off with new chips in focus
Nvidia races to $2 trillion mark as AI mania sparks Wall St tech rally
Nvidia galloped to $2 trillion market value after the bellwether for AI chip demand once again exceeded Wall Street’s sky-high expectations.
Read More Nvidia races to $2 trillion mark as AI mania sparks Wall St tech rally