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Top News In இன்டெல் தலைமை நிர்வாகி பேட் கெள்சிங்கேர் Today - Breaking & Trending Today

Apple, Intel Said to Be Among Attendees of White House Meeting on Chip Shortage

Apple, Intel Said to Be Among Attendees of White House Meeting on Chip Shortage
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Samsung further cornered by Intel's foundry ambitions

Samsung further cornered by Intel's foundry ambitions
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Intel to build chips for Qualcomm; hopes to rival TSMC, Samsung by 2025

Intel to build chips for Qualcomm; hopes to rival TSMC, Samsung by 2025
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Intel delivers another strong quarter, but investors flee on near-term profit concerns

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Intel Corp.’s stock lost almost 2% in late trading today as investors digested an eventful second-quarter earnings report and analyst call today.
The American chip giant actually performed well, reporting revenue and profit ahead of both its own and Wall Street’s forecast thanks to strong sales of chips for personal computers. It also raised its end-of-year guidance.
The company reported a profit before certain costs such as stock compensation of $1.28 per share on revenue of $18.5 billion, up 2% from a year ago. That wasn’t massive growth, but it did come in well ahead of Wall Street’s forecast of $1.06 per share in profit and $17.8 billion in revenue. ....

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Intel exploring deal to buy US chipmaker GlobalFoundries for $30B

Intel exploring deal to buy US chipmaker GlobalFoundries for $30B
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Intel Corp. is said to be in talks about acquiring the chipmaker GlobalFoundries Inc. in a deal that could be worth as much as $30 billion, which would make it Intel’s largest-ever acquisition.
The news was first reported by the Wall Street Journal, which cites people familiar with the matter as saying the talks involve GlobalFoundries’ owner Mubadala Investment Co., an investment arm of the Abu Dhabi government that’s based in the U.S.
GlobalFoundries earlier this year filed for an initial public offering and could still go ahead with that, as no deal is guaranteed, the Journal said. ....

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