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Why Is Intel (INTC) Stock Rocketing Higher Today

Shares of computer processor maker Intel (NASDAQ:INTC) jumped 7.18% in the morning session after the company reported third quarter results that blew past analysts' revenue and EPS expectations. The Client Computing Group (CCG), which is the largest segment, outperformed revenue estimates by a wide margin. PC demand seems to be improving. We were also glad its operating margin improved. Lastly, the company's Q4 outlook was comfortably ahead. Zooming out, we think this was a great quart...
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Source: yahoo.com

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Intel Innovation 2023 – AI is taking over

Intel Innovation 2023 officially kicked off today, with media, analysts and Intel partners gathering from around the world. As always, the event started with a keynote from none other than Pat Gelsinger, Intel CEO. The running theme this year is undoubtedly AI, with Intel positioning itself to be a key leader in this rapidly growing computing segment. Specifically, Intel wants to enable developers with the tools to create locally run AI applications, enhancing user privacy and paving the road fo...
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Israel High Tech Scene September 2 – September 8

Israel High Tech Scene September 2 – September 8 New Startups / VC Funding Ibex Medical Raises $100 Million Israeli medtech startup Ibex Medical Analytics uses artificial intelligence (AI) in cancer diagnosis. The company closed a $55 million Series C financing round led by 83North. The financing brings total funding to over $100 million since […]
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