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Cramer's Intel bet rests on one unproven number
TheStreet57d agoneutral
Cramer's Intel bet rests on one unproven number

Intel (INTC) has spent years trying to convince investors that its turnaround story is real. For a long time, Wall Street was suspicious. The chipmaker was hampered by manufacturing delays, igniting rivalry and raising concerns that it had fallen forever behind its rivals in the contest to power ...

“They Forgot to Protect Our Industries With TARIFFS!” — Does a Trump Trade War 2.0 Loom?
24/7 Wall St.57d agoneutral
“They Forgot to Protect Our Industries With TARIFFS!” — Does a Trump Trade War 2.0 Loom?

There have been renewed talks about whether tariffs could send us into another phase of trade wars. And while it’s up for debate as to whether a trade war 2.0, so to speak, has already arrived, I do think that investors shouldn’t panic over concerns that further tariffs will further fan the flame that is ... “They Forgot to Protect Our Industries With TARIFFS!” — Does a Trump Trade War 2.0 Loom?

Intel taps industry veteran Seok-Hee Lee to lead foundry packaging push
Reuters58d agoneutral
Intel taps industry veteran Seok-Hee Lee to lead foundry packaging push

Intel on Thursday named Seok-Hee Lee executive vice president of its contract chip-manufacturing division ‌as it sharpens focus on its advanced packaging business. The ‌American chipmaker has been trying to reinvigorate its manufacturing business under CEO ​Lip-Bu Tan, after missing out on the AI boom. The appointment follows President Donald Trump's announcement earlier in the day that Apple had agreed to work with Intel to design and manufacture ‌its chips in the ⁠U.S. in a boost to the chipmaker's contract manufacturing business.

Bloomberg58d agobullish
Intel Shares Soar After Trump Says It Struck Apple Chip Deal

(Bloomberg) -- Intel Corp.’s stock surged more than 9% in premarket trading Thursday after US President Donald Trump said the chipmaker will work alongside Apple Inc. to design and produce semiconductors domestically.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USApple Plans Camera Air

Intel Stock Rockets on Apple Partnership
The Wall Street Journal58d agobullish
Intel Stock Rockets on Apple Partnership

Shares in Intel are up nearly 10% in premarket trading after President Trump said Apple agreed to work with the tech giant to design and build chips in the U.S. Apple and Intel previously reached a preliminary agreement for Intel to manufacture some chips for Apple devices after more than a year of intense talks, The Wall Street Journal reported in May.

Trump says Apple to work with Intel to manufacture chips in US
Reuters59d agoneutral
Trump says Apple to work with Intel to manufacture chips in US

President Donald Trump said in a ‌Truth Social post on ‌Thursday that Apple had agreed to ​work with Intel to design and build its chips in the United States. Intel had reached a ‌preliminary deal ⁠to make some chips for Apple, following discussions ⁠that went on for more than a year, the ​Wall Street ​Journal reported ​in May.

Trump says Apple to partner with Intel on US chip design, production
Reuters59d agoneutral
Trump says Apple to partner with Intel on US chip design, production

U.S. President Donald Trump said in a Truth Social post on Thursday that Apple has agreed ‌to work with Intel to design and manufacture its chips ‌in the United States. A partnership with Intel helps Apple diversify its manufacturing base ​as it seeks additional chip capacity. The iPhone maker relies heavily on TSMC, whose advanced production lines are in high demand from AI chipmakers such as Nvidia and AMD.

Nasdaq, US stocks slide as Fed forecasts possible rate hike
Yahoo Finance Video59d agoneutralVIDEO
Nasdaq, US stocks slide as Fed forecasts possible rate hike

US stocks (^DJI, ^IXIC, ^GSPC) ended Wednesday's session in negative territory after Federal Reserve officials unanimously voted to hold interest rates at their June FOMC meeting today, while also forecasting at least one possible rate hike ahead. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the trading day's market reactions to the Fed's big decision. This was Kevin Warsh's first FOMC meeting he presided over as the new chairman of the Fed.

Micron Stock Rebounds But Memory-Chip Frenzy Faces a Fed Test
Barrons.com59d agoneutral
Micron Stock Rebounds But Memory-Chip Frenzy Faces a Fed Test

Micron Technology stock was back on the rise early Wednesday as the memory-chip maker looks to resume its relentless rally. Micron was leading the rebound in premarket trading, rising 3.5%, the second-best performer in the Only Intel was climbing more ahead of the open. When there’s nothing happening Micron stock tends to gain.