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Intel Corporation (NASDAQ: INTC) To Spend $95 Billion in the Establishment of Chip Manufacturing Facilities in Europe

Intel Corporation (NASDAQ: INTC) To Spend $95 Billion in the Establishment of Chip Manufacturing Facilities in Europe
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GlobalFoundries files for IPO, dashing hopes of Intel acquisition

GlobalFoundries files for IPO, dashing hopes of Intel acquisition - SiliconANGLE ....

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Worst of sales slump is behind us – Intel CEO

Worst of sales slump is behind us – Intel CEO
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Intel sales forecast implies rocky second half of 2021 amid supply constraints

4 Min Read
(Reuters) -Chipmaker Intel Corp said on Thursday it still faces supply chain constraints and gave an annual sales forecast that implied a weak end of the year.
Intel CEO Patrick Gelsinger attends a meeting with French President Emmanuel Macron (not seen) during an international business leaders meeting for the 4th edition of the Choose France summit in Versailles, France June 28, 2021. Picture taken June 28, 2021. Stephane de Sakutin/Pool via REUTERS
The 2021 forecast of $73.5 billion in adjusted sales was higher than Wall Street expectations, appeared driven by a strong second quarter ended June 26 and a modestly better-than-expected third-quarter, implying a weak fourth quarter. The results sent shares down 2.8% in after-hours trading after the results. ....

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Intel Server-Chip Woes Drag on Sales Forecast; Shares Slump

Intel Server-Chip Woes Drag on Sales Forecast; Shares Slump
Bloomberg
9 hrs ago
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Inside The Tokyo Game Show 2017
(Bloomberg) Intel Corp. Chief Executive Officer Pat Gelsinger said the worst of a sales slump has passed and struck a bullish tone about the chipmaker’s prospects for the rest of the year and beyond. Investors are waiting to see proof that the company can regain dominance in the semiconductor industry.
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The key to winning them over will be Gelsinger’s ability to lure back some of the largest companies in technology cloud giants like Amazon.com Inc. and Alphabet Inc.’s Google whose purchases of server chips for data centers have been a main engine of Intel’s profit and growth. ....

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