New Intel Corp. INTC, -0.65% shares fell nearly 19% in the past month, the chipmaker announced on Wednesday that it plans to spend $ 10 billion on its own stock market by the end of the year. Shares gained nearly 4% in trading hours after the announcement. Intel said it …
Read More »Intel sends back concerns about its chipmaking technology
Text size David Becker / Getty Images Intel fights back against growing consensus picture that delays in manufacturing caused the 52-year-old chipmaker behind rivals such as Advanced Micro Devices. Over the course of nearly three hours, Intel (ticker: INTC) engineers from various business departments talked in depth about various lines …
Read More »Why Apple’s Stock Division Won’t Help The Dow
Text size Mladen Antonov / AFP via Getty Images Apple’s 4-for-1 stock split will greatly diminish its influence on the Dow Jones Industrial Average, where the iPhone maker now has the highest weight and the biggest positive influence this year. Apple (ticker: AAPL), whose shares ended Thursday at $ 384.76, …
Read More »AMD shares skyrocket after earnings. This is why.
Text size AMD EPYC processors Courtesy of AMD. Advanced Micro Devices gave investors reason to cheer on Tuesday when it reported earnings that exceeded expectations and said it would sell more chips at a higher profit than anticipated. Shares of AMD (ticker: AMD) rebounded in the extended session, advancing nearly …
Read More »AMD’s stock price closes above Intel’s as the next-generation chip saga takes a surprise turn
Advanced Micro Devices Inc. AMD, + 16.50% The shares posted their best day in 18 months on Friday after its biggest rival, Intel Corp. INTC, -16.24% it surprised investors with the news that its competing 7-nanometer chip would be delayed for at least six months due to manufacturing problems. On …
Read More »