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Chipmaker Intel soars on signs of PC market recovery

Intel rose more than 9% on Friday and sparked a jump in chip stocks after its upbeat forecast signaled that the personal computer market was rebounding from its quarters-long slump. Other chip firms such as AMD, Nvidia and Arm rose 1% to 2%. Under CEO Pat Gelsinger, Intel is trying to turn around its business by making heavy infrastructure investments that the firm hopes will give it an edge in chipmaking and allow it to compete with the likes of Taiwan's TSMC for foundry clients.
Shounak Dasgupta Pat Gelsinger Stacy Rasgon Logan Purk Samrhitha Arunasalam Edward Jones
Source: aol.com

Texas Instruments Incorporated (NASDAQ:TXN) Q3 2023 Earnings Call Transcript

Texas Instruments Incorporated (NASDAQ:TXN) Q3 2023 Earnings Call Transcript October 24, 2023 Texas Instruments Incorporated beats earnings expectations. Reported EPS is $1.85, expectations were $1.82. Dave Pahl: Welcome to the Texas Instruments Third Quarter 2023 Earnings Conference Call. I’m Dave Pahl, Head of Investor Relations, and I’m joined by our Chief Financial Officer Rafael Lizardi. […]
United States Ambrish Srivastava Timothy Arcuri Ross Seymore Dave Pahl William Stein
Source: yahoo.com

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