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Intel beats on revenue, slashes foundry investments as CEO says ‘no more blank checks'
Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company's new CEO Lip-Bu Tan announced significant cuts in chip factory construction. The stock ticked higher in extended trading. Here's how the chipmaker did versus LSEG consensus estimates:
Intel shares fell 5% in premarket trading on Friday after the chipmaker forecast steeper-than-expected quarterly losses and ...
Intel's stocks dropped by 8% following a forecast of higher-than-anticipated quarterly losses and potential withdrawal from ...
A federal judge in California threw out a lawsuit filed by a group of Intel (INTL) shareholders who accused the company of ...
Intel said Thursday that the future of its contract chip manufacturing business and its willingness to invest in advanced ...
Foundry Commercial and a fund advised by Crow Holdings Capital paid $23.1 million for a 10-acre industrial development site.
The Franklin County 250 Bell, part of the America250PA celebration, is currently on display at The Foundry Art Market in ...
Intel (NASDAQ: INTC) has signaled it may exit the advanced chip manufacturing business if it fails to secure major external ...
In an effort to bring major employers to Solano County, California Forever, the group behind a new planned city in Northern ...
A partnership between Foundry Commercial’s Development & Investments platform and Crow Holdings Capital has acquired Festival South, a 10-acre former parking lot site located in Pompano Beach. The ...
Intel (INTC) issued a sales outlook that exceeded analysts' expectations, as the chipmaker's foundry business delivered ...
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