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 (Nasdaq: INTC) regularly issues news and press releases that highlight its role in designing and manufacturing advanced semiconductors and compute platforms. This news feed aggregates Intel’s publicly released updates, giving readers a single place to review the company’s own announcements about its technology roadmap, financial results and strategic relationships.
Recent Intel news has included announcements about Intel Core Ultra Series 3 processors, described by the company as the first AI PC platform built on Intel 18A process technology and powering a large number of PC designs. Intel has also reported on edge-certified versions of these processors for embedded and industrial use cases, touching areas such as robotics, smart cities, automation and healthcare.
Investors and followers of INTC stock can use this page to read Intel’s earnings releases, where the company discusses quarterly and full-year financial results, segment performance for Intel Products and Intel Foundry, and commentary on demand trends and strategic priorities. Intel’s news also covers participation in investor conferences, where representatives discuss the company’s business and strategy with the financial community.
Another important category of Intel news involves strategic transactions and collaborations. The company has announced agreements with the U.S. Department of Commerce under the CHIPS Act framework, securities purchase agreements with NVIDIA and SoftBank, and the sale of a majority interest in its Altera business. Intel has also publicized a collaboration with NVIDIA to develop AI infrastructure and personal computing products that combine Intel’s CPU technologies with NVIDIA’s AI and accelerated computing platforms.
By reviewing Intel’s own press releases on this page, readers can follow developments in areas such as AI computing, foundry services, government funding arrangements and majority-owned subsidiaries like Mobileye. This makes the INTC news feed a useful reference for tracking how Intel describes its progress across client computing, data center and AI, manufacturing and capital structure initiatives.
David Zinsner, Intel CFO, will engage in fireside chats at two key investor events. The first event is the Morgan Stanley Technology, Media and Telecom Conference scheduled for Mar. 8 at 3:20 p.m. PST. The second event is the BofA 2023 Asia Pacific Telecom, Media and Technology Conference on Mar. 13 at 7 p.m. PDT, where he will be accompanied by John Pitzer, Corporate VP of Corporate Planning and Investor Relations. Live webcasts of these discussions will be available on Intel's Investor Relations website.
Intel Corporation emphasizes its commitment to responsible development of generative AI technologies. The company aims to leverage generative AI to enhance efficiency and creativity while addressing societal impacts. Intel's Trusted Media team is focused on ensuring the ethical deployment of AI, including deepfake detection with a 96% accuracy rate and tools to aid individuals with speech impairments. Additionally, Intel is dedicated to creating realistic 3D experiences for applications like autonomous driving. By embedding responsibility in the AI lifecycle, Intel prioritizes human perspectives in AI advancements.
Mobileye Global Inc. (Nasdaq: MBLY) announced that Chief Communications Officer Dan Galves will participate in several investor conferences in Q1 2023. Key events include the Wolfe Research Global Auto Conference on February 15, Citi's Global Industrial Tech Conference on February 22, and Barclays Industrial Select Conference on February 23. Additionally, Galves will attend the Raymond James 44th Annual Institutional Investors Conference on March 6 and the Morgan Stanley Technology Conference on March 8. Mobileye plans to webcast these presentations. For more details, visit their investor relations site at ir.mobileye.com.
Intel and the University of California, San Diego have been awarded a project under the DARPA HARDEN program aimed at enhancing cybersecurity.
This four-year collaboration focuses on developing tools based on cryptography to secure integrated computing systems against complex cyber threats.
Key highlights include Intel's innovative Cryptographic Capability Computing (C3) system, which enhances legacy system security by replacing traditional metadata with cryptography.
The project aims to fortify U.S. government systems and explore modern vulnerabilities exploited by cyber adversaries.
Mobileye reported a robust 59% year-over-year revenue increase to $565 million for Q4 2022, with a diluted EPS of $0.04 and an adjusted diluted EPS of $0.27. The company's future business backlog is projected at $6.7 billion from 64 million units by 2030. Advanced ADAS products, particularly SuperVisionTM, significantly contributed to growth, driving average system price up to $56.2. The company maintains a strong balance sheet with $1 billion in cash and zero debt as of December 31, 2022. Operating cash flow was $546 million for the year. The company expects to double volumes in 2023, supported by ongoing OEM collaborations.
Intel Corporation has appointed
Mobileye Global Inc. (Nasdaq: MBLY) will release its Q4 and full-year 2022 financial results on January 26, 2023, before market open. A conference call will follow at 8:00am ET, featuring CEO Amnon Shashua, CFO Anat Heller, and CCO Dan Galves. The call will be streamed live on Mobileye's investor relations site, with a recording available after the event. Mobileye, a leader in autonomous driving technology, became an independent company in 2022, retaining majority ownership by Intel (Nasdaq: INTC).
Intel has launched its 4th Gen Xeon Scalable processors, a pivotal moment aimed at revitalizing its business in the data center market. This new lineup, including the Max Series and Data Center GPU Max Series, features extensive customer adoption and offers enhanced performance in AI, networking, and high-performance computing.
The processors boast a 2.9x efficiency improvement per watt, up to 70-watt power savings, and a lower total cost of ownership (TCO) between 52% to 66%. They are designed for sustainability and built using over 90% renewable energy.
Mobileye announced an expected $17 billion revenue pipeline for Advanced Driver-Assistance Systems (ADAS) through 2030 during CES 2023. Of this, $3.5 billion is projected from the SuperVision system, launched in Q4 2021. The company also anticipates $3.5 billion from Autonomous Mobility-as-a-Service products by 2028, highlighting strong demand from global automakers. Mobileye projects 1.2 million SuperVision-based vehicles by 2026 and continues to innovate in the ADAS market, with over 233 models launched globally in 2022.
Intel Corporation will report its fourth-quarter and full-year 2022 financial results on January 26, 2023, after market close. A corresponding earnings conference call will be held at 2 p.m. PST on the same day to discuss these results. Investors and interested parties can access a live public webcast of the call through Intel's Investor Relations website. This event is significant for investors closely monitoring INTC stock performance.