Tag Archives: Intel

Intel Falls on Latest Server Chip Delay; Rival AMD Gains

(Bloomberg) — Intel Corp. fell after saying a new version of its Xeon server chip line will go into production in 2022, rather than by the end of this year as promised, the latest in a series of delays that have cost the company technology leadership of the chip industry.Rival Advanced Micro Devices Inc. rose after Intel said Tuesday that a chip design, code-named Sapphire Rapids, will begin production in the first quarter of 2022 with the “ramp” beginning the following quarter. The… Source link

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Intel Falls As Atlantic Downgrades, Cutting Target By Almost A Third

TipRanks Buy These 2 New Stocks Before They Jump Over 80%, Says JPMorgan In the past week, investors have had to cope with multiple conflicting signals from the markets. The April jobs report, which was expected to show almost 1 million new positions for the month, showed only 266,000. The official unemployment number ticked upward slightly to 6.1%, and hourly wages also gained – by 0.7%. That last would seem to be a positive – except that, combined with the massive government stimulus… Source link

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Intel Stock Stages a Big Comeback; Analyst Says ‘Buy’ – Yahoo Finance

Eat This, Not That! I’m a Doctor and Warn You Never Take this Vitamin Vitamins are essential for our health. Our bodies just cannot function without them. Although most of our vitamins are obtained from our diet, one-third of adults, and more than 50% of those over age 55, report taking daily vitamin supplements. People generally believe that vitamins must be safe, and that even if they don’t result in any benefit, they are unlikely to cause harm. It’s an unfortunate fact that this does… Source link

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Google Cloud Hires Intel Vet Uri Frank To Design Server Chips

Google Cloud has hired Intel engineering veteran Uri Frank to lead new server chip design efforts as part of the cloud service provider’s increasing investments in custom silicon. The Mountain View, Calif.-based cloud vendor announced Monday that it was “doubling down” on custom chips as “one way to boost performance and efficiency” in its servers, expanding beyond the work it has done in introducing the Tensor Processing Unit, the Video Processing Unit and the open-source… Source link

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Google Cloud hires Intel veteran to head its custom chip efforts

There has been a growing industry trend in recent years for large-scale companies to build their own chips. As part of that, Google announced today that it has hired long-time Intel executive Uri Frank as vice president to run its custom chip division. “The future of cloud infrastructure is bright, and it’s changing fast. As we continue to work to meet computing demands from around the world, today we are thrilled to welcome Uri Frank as our VP of Engineering for server chip design,” Amin… Source link

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US STOCKS-Dow, S&P close lower as IBM, Intel weigh, coronavirus concerns rise

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * IBM hits two-month low on quarterly revenue miss * Intel slips on avoiding outsourcing embrace * Yellen wins unanimous Senate panel vote for Treasury * Dow down 0.57%, S&P 500 down 0.30%, Nasdaq up 0.09% (Updates market prices to close; adds closing details) By Echo Wang NEW YORK, Jan 22 (Reuters) – The Dow and S&P 500 ended modestly lower on Friday, dragged down by losses in blue-chip… Source link

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Watch Out AMD, Intel Is Waking From Its Slumber

Over the last half decade or so, hardly any stocks have outperformed the market to the extent Advanced Micro Devices (AMD) has. The huge market gains have been a reflection of the company’s real-world performance, which has seen the chipmaker considerably close the gap on its traditionally much bigger rival Intel (INTC). Apart from offering superior products, AMD has made the most of Intel’s production delays to eat away at its CPU dominance. However, 2021 is shaping up to be a different… Source link

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Exclusive: Trump admin slams China’s Huawei, halting shipments from Intel, others

By Karen Freifeld and Alexandra Alper NEW YORK/WASHINGTON (Reuters) – The Trump administration notified Huawei suppliers, including chipmaker Intel, that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told Reuters. The action – likely the last against Huawei Technologies under Republican President Donald Trump – is the latest in a long-running effort to… Source link

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Intel CEO Bob Swan reportedly set to depart in February, to be replaced with VMWare’s Pat Gelsinger

Benzinga Here’s What it Took to Help My Millennial Colleague Plan Her Million-Dollar Nest Egg I’m a nosy person, so I elbowed my millennial colleague, Jessa, in the next cube over, and asked her, “Pssst… How much do you save for retirement per year?”Instead of ignoring me, she furtively Slacked me all of her financial details (it was like a giant ice cream sundae for a finance nerd): * Jessa, at 28, still owes $15,000 in student loans, and her husband, who is 30, still owes $20,000. *… Source link

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MOVES-Former Intel, Tesla chip exec Jim Keller joins artificial intelligence startup – Yahoo Finance

TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ A new year, a new addition to the stock portfolio – what can make more sense than that? The right time to buy, of course, is when stocks are priced at the bottom. Buying low and selling high may be a bit hackneyed, but it’s true, and truth has staying power.But the markets are up. The NASDAQ rose 43% in 2020, and the S&P 500 showed a gain of 16%. With a market environment like that, finding stocks that are caught in… Source link

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