Welcome to our dedicated page for Intel news (Ticker: INTC), a resource for investors and traders seeking the latest updates and insights on Intel stock.
Intel Corporation (INTC), the global leader in semiconductor innovation, maintains this dedicated news hub for investors and technology professionals. Access official press releases, financial announcements, and strategic updates directly from the company driving computing advancements worldwide.
This comprehensive resource aggregates Intel's latest developments across key operational areas including processor innovations, manufacturing expansions, and strategic partnerships. Users will find verified information on quarterly earnings, product launches, and technology breakthroughs - all essential for understanding the company's market position.
The curated collection includes updates on data center solutions, AI chip development, foundry services expansion, and sustainability initiatives. Bookmark this page to monitor Intel's progress in advancing semiconductor technology while maintaining awareness of industry-shaping developments.
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Mobileye Global Inc. (Nasdaq: MBLY) reported a 13% increase in revenue to $637 million in the fourth quarter of 2023, with significant improvements in operating income and adjusted operating income. The company generated net cash from operating activities of $394 million and has a strong balance sheet with $1.2 billion of cash and cash equivalents and zero debt. Mobileye achieved design wins projected to generate future revenue of $7.4 billion across 61 million units in 2023, and saw a very successful year in business development and strategy. The company is focused on executing a meaningful improvement in Q2 revenue and normalization of revenue in the second half of 2024, despite an inventory build-up at its customers impacting growth.
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Intel celebrates the opening of Fab 9, its cutting-edge factory in Rio Rancho, New Mexico, part of a $3.5 billion investment for advanced semiconductor packaging technologies. The milestone marks Intel's first high-volume semiconductor operations in the US, producing world-class packaging solutions at scale, fueling the next era of innovation in advanced packaging technologies, and contributing to the state's economic growth.
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HiRain Technologies and Mobileye announce the upcoming production of the Mobileye EyeQ™6 Lite based ADAS system, set to debut in China in the second quarter of 2024. This collaboration aims to advance automotive safety and comfort features, with the EyeQ6 Lite offering real-time detection and analysis of surroundings, supporting Cloud-Enhanced ADAS, and meeting ENCAP2023 5-star compliance. The project signifies a significant stride in automotive safety and technological sophistication, reflecting a robust partnership between the two companies.
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Intel will launch its annual flagship foundry event, IFS Direct Connect, on Feb. 21, 2024, in San Jose, California. The event will feature keynotes and updates from Intel CEO Pat Gelsinger and other leaders, focusing on the company's vision for delivering the world's first AI system foundry and defining the next era of silicon design, development, and manufacturing.
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Aramco Digital and Intel plan to establish Saudi Arabia’s inaugural Open RAN Development Center, aiming to drive innovation and contribute to the digital transformation landscape in the Kingdom. The collaboration aims to accelerate the development and deployment of Open RAN technologies, aligning with Saudi Arabia's Vision 2030. The Center will serve as an innovation hub, contribute to local talent development, have a positive economic impact, and extend global collaboration. The facility is expected to commence operations in 2024.
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Mobileye Global Inc. (Nasdaq: MBLY) will release its financial results for the fourth quarter and full year 2023 on Thursday, January 25, 2024, before market open. The company will host a conference call to review its results and provide a general business update. The call will be hosted by Professor Amnon Shashua, CEO, Moran Shemesh Rojansky, CFO, and Dan Galves, CCO. The conference call will be accessible live via a webcast on Mobileye’s investor relations site, and a replay of the webcast will be made available shortly after the event’s conclusion.
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Intel (INTC) announces acquisition of Silicon Mobility SAS for advanced EV energy management and new AI-enhanced family of software-defined vehicle SoCs
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Mobileye (MBYE) Expands Collaboration with Mahindra and Mahindra (M&M) to Explore Next-Generation Advanced Driving Technology
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Intel announces the Intel® Core™ 14th Gen mobile processor family, led by the launch of the new flagship Intel® Core™ i9-14900HX featuring 24 cores and the world’s best experience for mobile enthusiasts. The company also introduced the complete lineup of Intel Core 14th Gen desktop processors at the 65-watt and 35-watt levels for mainstream desktop, All-in-One and edge devices. Additionally, Intel introduced its new Intel Core mobile processor Series 1 family, led by the Intel Core 7 processor 150U featuring 10 cores/12 threads and up to 5.4 gigahertz (GHz) turbo frequencies. This press release features multimedia. Intel Core 14th Gen mainstream desktop processors – Intel’s expansion of the Intel Core 14th Gen desktop stack – gives mainstream PC users and businesses across various vertical markets new ways to experience the performance of Intel’s latest-gen desktop processors.
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Intel Corporation (INTC) announces the launch of the new Intel Core 14th Gen mobile and desktop processors at CES 2024, featuring high-performance processors for enthusiast and mainstream users alike.
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