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.
Intel's Threat Detection Technology (TDT) enhances Microsoft Defender for Endpoint by integrating CPU-based cryptomining detection capabilities. This expansion aims to bolster security for millions of users by improving endpoint detection and response without affecting performance.
With nearly a billion Intel TDT-capable PCs available, this technology enables advanced detection of threats, including cryptojacking. The collaboration emphasizes Intel's commitment to provide comprehensive security solutions for both SMBs and enterprises, leveraging CPU telemetry and machine learning for increased protection against cyber threats.
Mobileye and Udelv have partnered to deploy Mobileye Drive™, a self-driving system, in Udelv's next-generation autonomous delivery vehicles, known as Transporters. More than 35,000 units are expected to be produced by 2028, with operations starting in 2023. This collaboration is noted as a significant step towards commercial deployment of self-driving technology, responding to increased demand for autonomous delivery solutions. Donlen has made a landmark pre-order of 1,000 Transporters, emphasizing the potential for cost reductions and improved road safety.
Intel has successfully launched its Pandemic Response Technology Initiative (PRTI) with a commitment of $50 million, focusing on healthcare, education, and economic recovery amid COVID-19. Over the past year, the PRTI has managed 230 projects across 170 organizations, showcasing a global impact. Intel is now transitioning to the Intel RISE Technology Initiative (IRTI) with an additional $20 million dedicated to furthering projects addressing social equity, human rights, and climate action. These initiatives are designed to enhance technological collaboration for both immediate and future crises.
On April 6, Intel will launch the new 3rd Gen Intel Xeon Scalable processors (code-named 'Ice Lake'), along with updates to its hardware and software aimed at data centers, 5G networks, and intelligent edge infrastructure. The virtual event, titled 'How Wonderful Gets Done 2021', will feature key Intel executives, including CEO Pat Gelsinger. This launch emphasizes Intel's commitment to innovation in technology and responding to evolving business needs.
Intel has announced the winners of its 2020 Supplier Continuous Quality Improvement (SCQI) Program Awards, recognizing suppliers for excellence in quality and innovation. The awards include three categories: SCQI Award for top overall performance, Preferred Quality Supplier Award for consistent high performance, and Supplier Achievement Award for notable improvements. Notably, a new category for COVID-19 response was introduced, acknowledging suppliers' efforts during the pandemic. Intel's CEO and chief supply chain officer praised the awardees for their commitment to excellence amidst challenges.
Intel's SigOpt has been recognized as a leader in AI software acceleration by Kisaco Research. The report highlights the platform's efficiency in optimizing AI workloads for better hardware utilization, resulting in significant productivity gains. Notably, a Fortune 500 client reported over 30% productivity increase and projected annual value near $50 million. SigOpt's user-friendly, hardware-agnostic platform enhances model development for data scientists and engineers, promoting enhanced AI results.
Jagadish K. Mahendran has developed an AI-powered, voice-activated backpack for the visually impaired, enhancing navigation and obstacle perception. Utilizing Intel's technology, it detects traffic signs, obstacles, and changes in elevation. The device features a Luxonis OAK-D spatial AI camera for depth perception, significantly improving independent mobility. The system operates on a small computing unit with an eight-hour battery life, responding to voice commands via Bluetooth earphones. It addresses the needs of the 285 million visually impaired globally, filling gaps in existing navigation solutions.
Intel CEO Pat Gelsinger announced the company's expansion in semiconductor manufacturing with plans for two new factories at its Ocotillo campus in Chandler, Arizona. The project involves a $20 billion investment, expected to generate over 3,000 permanent high-wage jobs and 15,000 local long-term jobs. This initiative supports Intel's increased production needs and aligns with their IDM 2.0 strategy. The construction activities are set to begin immediately, advancing the company’s commitment to innovation in semiconductor technology.
Intel CEO Pat Gelsinger unveiled the company’s future strategy, dubbed "IDM 2.0," during the "Intel Unleashed" webcast. This includes a $20 billion investment in two new factories in Arizona, reinforcing Intel's role in U.S. and European foundry capacity. Gelsinger emphasized the importance of Intel's in-house manufacturing capabilities, advancements in 7nm technology, and partnerships with third-party foundries. The strategy aims to create over 3,000 high-tech jobs and strengthen Intel's competitive edge in semiconductor manufacturing.
The 11th Gen Intel® Core™ S-series desktop processors, known as “Rocket Lake-S,” have been launched worldwide, led by the Intel Core i9-11900K. This processor reaches speeds of up to 5.3GHz, offering significant performance boosts for gaming and PC enthusiasts. Key improvements include a 19% increase in instructions per cycle, 50% better integrated graphics performance, and support for advanced AI workloads. Collaboration with over 200 game developers enhances gaming experiences. The release emphasizes superior tuning, stability, and rich media capabilities, marking a significant step forward in desktop processing technology.