Intel shares have advanced 68% this year
Arm Holdings, owned by SoftBank, made its debut on Wall Street on Thursday, after pricing its initial public offering at $51 per share at a valuation of $54 billion in high demand.
New details on Instacart's forthcoming IPO show the company's valuation isn't what is once was, giving investors a fresh look at the online grocer as a public company.
Commerce Secretary Gina Raimondo said the Chinese government's actions against U.S. firms are making China "uninvestable" for American businesses due to the risk and uncertainty.
Intel Corp. scrapped a $5.4 billion deal to acquire contract chipmaker Tower Semiconductor after the merger agreement expired without China giving regulatory approval.
Global chipmakers are seeing an end to supply surplus for semiconductors, while demand expectations from customers outside the artificial intelligence industry remains low.
Intel reported second-quarter earnings on Thursday, and showed a return to profitability after two straight quarters of losses.
Intel announcement an agreement to invest $32.8 billion in a chip plant in Magdeburg, Germany. The German government announced it would contribute a third of its cost.
Gordon Moore, the man who co-founded the technology giant Intel, has died at the age of 94. Moore died peacefully his home in Hawaii surrounded by family.
Chipmaker Nvidia’s shares are up on Thursday after the company reported better-than-expected quarterly earnings on Wednesday and rival Intel slashed its shareholder dividend.
The Intel Corp.’s board of directors announced the reduction of its quarterly dividend to $0.125 per share of the company’s common stock due to macroeconomic uncertainty.
Intel is reportedly cutting worker and executive pay amid the company's disappointing quarterly earnings report.
Intel is on pace to record its worst trading day loss since October of 2021 after the company reported poor quarterly and annual revenues.
Qualcomm joined a chorus of companies cutting costs, saying it curtailed spending and froze hiring as electronics manufacturers are slowing chip orders.
Mobileye is selling 41 million Class A shares at $21 per share. The offering values Intel's autonomous hardware and software unit at $16.7 billion.
Intel's Mobileye IPO will begin trading Wednesday after selling 41 million shares at $21 each raising $861 million.
Intel may cut a large amount of jobs this month as the semiconductor manufacturer deals with PC demand slowdown. The company's third-quarter earnings report is due out this month.
Senate Democratic Leader Chuck Schumer has scheduled an all-senators classified briefing for Wednesday on global innovation and a proposed bill to boost U.S. semiconductor manufacturing.
Here are the key events taking place on Thursday that could impact trading including news from Intel, Facebook and jobless claims.
Intel Corp is pulling back the reins on hiring for a key company division as part of a series of cost-cutting measures.