Massive insider trading hits Intel amid $3.5 billion government contract

Intel (NASDAQ: INTC) has witnessed a surge in insider stock purchases coinciding with the announcement of a $3.5 billion United States government contract award.

Intel's Amazon chip deal lifts investor confidence in money-losing foundry unit

Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal with Amazon's cloud business provided a major stamp of approval for its struggling contract manufacturing business.

Intel Gets an Amazon Boost. 3 Questions the Chip Maker Still Needs to Answer.

Intel stock rose after news of its chip deal with Amazon but the semiconductor company still needs to convince on execution and bringing in more customers.

Intel CEO Shocked Investors With a Huge List of Bullish News

Intel announced numerous updates and customer wins for its foundry business.

Intel to separate semiconductor business, nets Amazon as client

Intel Corp (NASDAQ:INTC, ETR:INL) has outlined plans to split its foundry business into a separate subsidiary with its own governance structure within the wider group. Intel Foundry comprises the S...

Germany's Scholz: Intel committed to German site despite delay

German Chancellor Olaf Scholz said on Tuesday that Intel is committed to its plan to build plants in eastern Germany despite the U.S. chipmaker's announcement that it is delaying construction by tw...

Intel delays Germany, Poland chip factories for two years

Chip-making giant Intel on Monday said it was delaying its plans to build two mega chip-making factories in Germany and Poland as the company faces lower demand than anticipated.

Watch These Intel Price Levels as Stock Surges After CEO Provides Business Update

Intel (INTC) shares surged in extended trading on Monday after the embattled chipmaker's CEO Pat Gelsinger provided an update on the company's plans to slash costs and turn around its business.

Germany's coalition argues over Intel subsidies in new budget dispute

A new budget dispute emerged within Germany's ruling coalition on Monday, with the finance ministry saying funds no longer needed to subsidize Intel's new chip-making plants should be used to balan...

S&P 500 Gains and Losses Today: Intel Surges on Deal To Produce Military Chips

Major U.S. stock indexes were mixed on Monday as the Federal Reserve prepares for its meeting this week, with a crucial decision on interest rates due Wednesday. With near certainty that policymake...

Intel stock jumps on plan to turn foundry business into subsidiary and allow for outside funding

Intel said Monday that it's creating a separate entity for its foundry business, a structure that could allow it to raise outside funding. The chipmaker has spent roughly $25 billion on the foundry...

Intel: The Night Looks The Darkest Before The Dawn

Intel's financial decline stems from past decisions and delays in advancing chip manufacturing technology, leading to a significant decline in stock price and market position. The hope for recovery...

Intel Stock Rises After a Report of a $3.5B Pentagon Chip Deal

Shares of Intel (INTC) advanced Monday, aided by a report that the semiconductor maker received a multibillion-dollar award from the Pentagon to make chips for the U.S. military.

This Is Why I Remain Bullish on Intel (No, It's Not Because of AI)

It might be time to be greedy when others are fearful.

Exclusive: How Intel lost the Sony PlayStation business

Intel lost out on a contract to design and fabricate Sony's PlayStation 6 chip in 2022, which dealt a significant blow to its effort to build its fledgling contract manufacturing business, accordin...


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