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.
Intel unveiled its 13th Gen Intel Core processor family, highlighted by the Core i9-13900K, the world’s fastest desktop processor. Featuring up to 24 cores and clock speeds reaching 5.8 GHz, these processors enhance gaming, streaming, and content creation. The lineup shows up to 41% improvement in multi-threaded performance and supports both DDR4 and DDR5 memory. The new Intel 700 Series chipset will be available alongside these processors, ensuring backward compatibility and enhanced performance features. The processors are set for availability on October 20, 2022.
Mobileye and Geely Holding Group have announced an expansion of their collaboration for advanced driver-assistance systems (ADAS). Following the successful launch of the ZEEKR 001 electric vehicle featuring Mobileye SuperVision, three additional Geely brands will now integrate this technology.
With over 40,000 ZEEKR 001 models currently on the road, the expansion includes plans to introduce Mobileye SuperVision in more models starting next year. Both companies emphasize their commitment to enhancing driving technology through ongoing innovation and upgrades.
Intel recognized six student groups and three teachers as global grand prize winners at the AI Global Impact Festival, competing for $500,000 in prizes. The competition, held from Aug. 29 to Sept. 5, attracted over 1,000 entries from 25 countries. Winners were recognized for innovative AI projects aimed at improving accessibility, healthcare, and workplace safety. Intel aims to democratize AI technology, targeting digital readiness for 30 million people across 30,000 institutions by 2030.
Intel Corporation has declared a quarterly dividend of $0.365 per share, amounting to $1.46 annually. This dividend will be payable on Dec. 1, 2022, to shareholders on record as of Nov. 7, 2022. This announcement reflects Intel's commitment to returning value to its shareholders while continuing to innovate in the semiconductor industry, leveraging advancements in technology.
Intel is harnessing artificial intelligence (AI) responsibly to mitigate risks and foster positive change. AI is transforming daily life, enabling advancements in areas like voice banking for neurological conditions and enhancing safety in autonomous vehicles. While Hollywood often portrays AI negatively, Intel emphasizes ethical AI development and its commitment to diversity and inclusion in AI practices. Their Responsible AI Advisory Council evaluates projects for ethical risks, ensuring adherence to high standards.
Intel has announced a $17.7 million funding initiative aimed at developing semiconductor education programs in Ohio. This investment supports eight proposals from various educational institutions, involving over 80 higher education entities in the state. Intel's commitment over the next decade totals $50 million, focusing on creating a skilled workforce essential for its new chipmaking facilities, which are expected to create 7,000 construction jobs and 3,000 permanent jobs. This initiative also targets workforce shortages in semiconductor manufacturing.
Intel Corporation and Broadcom Inc. demonstrated the world’s first cross-vendor Wi-Fi 7 technology, achieving speeds over 5 Gbps. Utilizing an Intel Core-based laptop, the Wi-Fi 7 solution showcased ultra-high speed and low latency capabilities essential for new mobile PC experiences. Wi-Fi 7 promises improved reliability and efficiency with features like 320 MHz channels and 4K QAM modulation, supporting applications such as AR, VR, and 16K streaming. This milestone indicates a readiness for Wi-Fi 7's widespread adoption, enhancing connectivity for consumers and businesses globally.
Intel Corporation announces the retirement of Sunil Shenoy at the end of 2022 and the appointment of Shlomit Weiss as the new senior vice president and co-general manager of the Design Engineering Group. Weiss, who has over 30 years of experience in semiconductor design, will oversee the company's design, development, and manufacturing of intellectual properties and system-on-chips. The changes are effective immediately, with Shenoy remaining until year-end to ensure a smooth transition.
Tencent, a leading public cloud service provider in China, has achieved an impressive up to 85% performance boost for its TencentDB for MySQL by utilizing Intel oneAPI Tools. This enhancement, based on Intel® Xeon® processors, showcases the effectiveness of the Intel® oneAPI DPC++/C++ Compiler and Intel® VTune™ Profiler in optimizing cloud database performance.
Intel Corporation has entered into a groundbreaking agreement with Brookfield Asset Management to co-invest up to $30 billion in advanced chip manufacturing facilities in location value="LU/us.az.chaler"Chandler, Arizona. This deal is part of Intel's Semiconductor Co-Investment Program (SCIP), designed to enhance funding flexibility for its IDM 2.0 strategy while maintaining major control over the projects. The collaboration is anticipated to yield a $15 billion benefit to its adjusted free cash flow, improving financial resilience and operational capacity.