News

Intel Corporation (NASDAQ:INTC) had a rough week. The stock dropped 7.51% while the S&P 500 (NYSEARCA:SPY) dipped just 1.29% and the semiconductor sector rallied 1.76%. At $46.79, Intel is still up 27% year-to-date and nearly 94% over the past year, but this week’s selloff raises questions about whether the turnaround narrative is stalling. Three storylines ... Three Problems Explain Why Intel Stock Dropped 7.5% This Week

Intel, ticker NasdaqGS:INTC, is reportedly acquiring AI chip startup SambaNova Systems as it ramps up its presence in enterprise AI computing. The company has also unveiled a new memory prototype called Z Angle Memory, or ZAM, aimed at higher power efficiency and storage density for data center workloads. These product and portfolio moves come alongside supply constraints and leadership changes in Intel's GPU division as it reshapes its AI and data center roadmap. Intel shares most recently...