Intel, Amazon
Did Amazon Just Save Intel Stock?
This is especially true when that friend runs the largest cloud computing business in the world and you are a manufacturer of computer chips. That is why Intel (NASDAQ: INTC) stock soared after the company announced a new partnership with Amazon (NASDAQ: AMZN) for custom chip designs for its Amazon Web Services (AWS) subsidiary.
Opinion
Intel’s stock ranks dead last in the chip sector by this measure
Earlier this week we listed 13 stocks of semiconductor manufacturers and makers of related equipment that were most favored by analysts. Today, we are screening again — this time, focusing on the companies that are least favored in the space. Here are links to the previous two articles in this series:
$30 In Sight for Intel Stock After Amazon AI Chip Win?
Intel stock (NASDAQ: INTC) rallied by close to 6% in Monday’s trading and gained by another 8% in after-hours trading, taking the stock to levels of about $22 per share. Intel stock still remains down by over 50% year-to-date.
Intel stock surges 14% on AI chip deal with Amazon
The two companies will co-invest in making "fabric chips" that will be built in a new factory under construction outside Columbus, Ohio.
Intel's Beaten-Down Stock Is Getting a Reprieve Today
Key Takeaways Shares of Intel recently traded at their highest levels this month.Investors responded positively to Monday night's turnaround update from Intel CEO Pat Gelsinger.Some Wall Street analysts,
Intel shares soar nearly 8% after multibillion-dollar chip deal with Amazon
EDT, Intel shares were at $21.62, up $0.70 or 3.37 per cent. On Monday, Intel shares had gained 6.4 per cent. The deal provides some respite to Intel's investors as the
The Score: Intuitive Machines, Intel, Nike and More Stocks That Defined the Week
Intuitive Machines rocketed higher on its NASA contract. The space-exploration company on Tuesday said it was awarded a NASA ...
Why Intel, Alphabet, and Mobileye Stocks All Popped Today
That news is behind the surprising strength in shares of Intel stock (up 3% through 11:10 a.m. ET), and in Alphabet (up 1.8%) ...
Huge News for Intel Stock Investors
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Three Stocks: Intel, Apple, and Carvana
The Biden Administration awarded Intel Corp up to $3 billion from the CHIPS and Science Act on Monday. The money is part of ...
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Intel Stocks Getting Mauled Beyond Recognition is Good News for Sony’s PS6
With Intel struggling and its stock in rapid decline, Sony’s partnership with AMD for the PlayStation 6 is a strategic win.
Why Auto Stocks Surged This Week
According to data provided by S&P Global Market Intelligence, Carvana ( CVNA 5.64%) surged as much as 21%, Mobileye ( MBLY 14 ...
Intel’s Shake-Up Could Boost Mag 7 Stocks. The Case to Buy the Dip.
Microsoft announces share buyback, Amazon’s Jassy calls workers back to the office, Boeing faces financial squeeze, and more ...