Intel Corp Stock Price, News & Analysis

Intel has announced the 2022 Intel EPIC Supplier Program awards, recognizing outstanding supplier partners that embody excellence in supply chain performance. Key executives emphasize the importance of supplier partnerships in advancing Intel's IDM 2.0 strategy and meeting the growing demand for semiconductors. The awards feature three levels: Outstanding, Distinguished, and Valued Supplier. Notable recipients include Applied Materials, ASML, and Fujifilm. The program aims to enhance quality, innovation, and operational excellence in Intel's supply chain.

Lockheed Martin (NYSE: LMT) and Intel (Nasdaq: INTC) signed a memorandum of understanding to enhance 5G communication solutions for the Department of Defense. This collaboration aims to deliver secure 5G.MIL® solutions, allowing faster, data-driven decisions for military operations. The partnership builds on a decade of collaboration, integrating Intel's technologies into Lockheed's 5G Hybrid Base Station, which facilitates seamless communication across multiple platforms. Their joint efforts also include developments in secure computing and network infrastructure crucial for modern defense capabilities.

Intel Corporation has announced an agreement to acquire Granulate Cloud Solutions Ltd., an Israel-based company specializing in real-time optimization software for cloud and data centers. This acquisition aims to enhance performance, reduce infrastructure costs, and require no code changes from customers. Granulate's technology, which minimizes CPU utilization and latency, will leverage Intel's extensive software engineering resources to reach more clients globally. The transaction is set to close in Q2 2022 and will integrate Granulate's 120 employees into Intel's Datacenter and AI business unit.

Intel Corporation has officially launched its Intel Arc A-Series graphics family for laptops, marking a significant development in the discrete GPU market. The initial offering includes laptops featuring Arc 3 graphics, with Arc 5 and Arc 7 models expected to launch in early summer. These GPUs utilize advanced technologies aimed at enhancing gaming and content creation, including AV1 hardware acceleration and AI capabilities through XMX AI engines. This launch is seen as a pivotal step for Intel in the competitive graphics market.

Intel has launched an innovative AI incubator lab in partnership with the Maricopa County Community College District in Arizona. This initiative aims to equip students with critical skills for AI-related careers across various fields including business and healthcare. Supported by $60,000 worth of advanced Intel technology, the lab will offer courses in Machine Learning, Computer Vision, and more. With 200 students currently enrolled, this program is poised to expand its reach nationwide by 2023, aligning with Intel's goal of enhancing workforce digital readiness.

Moov, a marketplace for used semiconductor manufacturing equipment, has established its headquarters at 100 Mill in Tempe, Arizona, occupying 32,000 square feet. This strategic location aims to address a pressing need for a more flexible supply chain in the semiconductor industry. The company plans to increase its workforce by 300%, reaching over 150 employees by the end of the year, primarily in the Greater Phoenix area. Recent trends indicate a burgeoning semiconductor hub in the region, with investments exceeding $45 billion and a projected 10% rise in semiconductor equipment expenditures in 2022.

Intel announces a major investment of up to 80 billion euros in Europe over the next decade, focusing on the semiconductor value chain. The initial phase includes 17 billion euros for a semiconductor fab in Germany and a new R&D hub in France. This initiative aims to bolster Europe's chip manufacturing, enhance supply chain resilience, and create thousands of jobs across the region, ultimately targeting a balanced semiconductor ecosystem.

Intel Corporation (NASDAQ: INTC) and Maricopa Community Colleges have opened registration for a new semiconductor technician Quick Start program at Mesa Community College, aimed at addressing workforce needs in the semiconductor industry. This two-week program will provide hands-on training from Intel employees, enabling participants to gain industry-recognized certifications and earn college credits. Intel's investment of $20 billion in two new chip factories is expected to create over 3,000 high-paying jobs and support 15,000 indirect jobs, while focusing on diversity in hiring.

Mobileye has submitted a draft registration statement on Form S-1 to the U.S. SEC for its proposed IPO. The exact number of shares and price range have not yet been specified. The IPO is expected to occur following the SEC's review, contingent on market conditions. This release is not an offer to sell or solicit offers for securities, complying with the Securities Act of 1933.

Intel continues to lead in semiconductor technology, aiming to empower global progress and innovation.