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 has released a study indicating that transparency and proactive security measures significantly influence purchasing decisions in technology. Conducted by Ponemon Institute with 1,875 respondents globally, the findings revealed that 73% prefer vendors who actively manage security vulnerabilities, while 76% value hardware-assisted security. The study highlighted vendor characteristics like transparency and ongoing security assurance as critical factors. Intel emphasizes integrating security throughout product development to build customer trust and improve software resilience.
Intel Corporation declared a quarterly dividend of $0.3475 per share, equating to $1.39 annually. This dividend is set to be paid on June 1, 2021, to stockholders recorded by May 7, 2021. The announcement reflects Intel's commitment to returning capital to shareholders while continuing to drive innovation in semiconductor technology.
Intel will participate in the Supply Chain Security Summit on March 10 to discuss the critical need for transparency and integrity in the digital supply chain. Corporate vice president Jackie Sturm and VP Tom Garrison will host a live discussion on cybersecurity benefits and preparedness in 2021. The event will be held from 8-8:45 a.m. PST, and registration is free. This summit brings together industry leaders to address challenges posed by supply chain attacks and explores strategies for enhancing cybersecurity across the product lifecycle.
Intel has signed an agreement with the Defense Advanced Research Projects Agency (DARPA) to develop an accelerator for fully homomorphic encryption (FHE) as part of the DPRIVE program. This multiyear initiative aims to enhance data security by allowing computation on encrypted data, thereby minimizing cyber threats during processing. Intel plans to create an ASIC accelerator that could drastically improve processing speeds for FHE workloads. Microsoft will partner with Intel to facilitate the technology's commercial adoption, particularly in cloud services.
Intel is piloting its 3D Athlete Tracking (3DAT) technology in partnership with EXOS to enhance the training of aspiring professional athletes. The technology leverages AI to provide insights into athletes' velocity and biomechanics during training, enabling coaches to make precise adjustments for performance improvement. By using hands-free video analysis, 3DAT offers detailed performance metrics, empowering athletes to understand their movements better and optimize training strategies. Continued collaboration aims to further refine this technology for elite athletics.
Mobileye, a leader in autonomous vehicle technology, has partnered with Transdev Autonomous Transport System and Lohr Group to develop autonomous shuttles. They will integrate Mobileye's self-driving system into Lohr Group's i-Cristal electric shuttle, aiming to enhance public transportation services globally, starting in Europe. The collaboration seeks to deploy self-driving shuttles in public networks by 2023, improving transportation efficiency and customer experience with advanced AV technology.
Intel has announced a $5 million donation to North Carolina Central University (NCCU) over the next five years to establish a new tech law and policy center. This initiative aims to enhance diversity in legal professions by providing resources, mentorship, and internships to students and faculty. Notably, this partnership addresses systemic inequities in legal fields, with Intel pledging to support the recruitment of faculty and scholarships for underprivileged students. This commitment reflects Intel's broader goals of fostering social equity and diversity within the tech and legal sectors.
Portland General Electric (NYSE: POR) announced that Intel (NASDAQ: INTC) has joined its Green Future Impact program, securing a 15-year agreement with Avangrid Renewables (NYSE: AGR) for a new 138-megawatt solar facility in Wasco County, Oregon. This facility, dubbed Daybreak Solar, will support Intel's energy needs and create 150-200 jobs during peak construction. The project will produce power for over 32,000 homes and generate about $30 million in economic benefits. Intel's participation fills the program's original 300-megawatt capacity, demonstrating a significant commitment to renewable energy.
Intel Corporation has appointed Sunil Shenoy as senior vice president and general manager of its Design Engineering Group, effective February 1, 2021. Shenoy, a 33-year veteran who previously left Intel in 2014, returns to lead the design and manufacturing of system-on-chips for client and data center applications. He will report to CEO Bob Swan until February 15, after which he will report to incoming CEO Pat Gelsinger. Shenoy has extensive experience in microprocessor design, holds an MBA, and has 16 patents in technology.
Moovit, an Intel Company and leading MaaS solutions provider, has launched its 2020 Global Public Transport Report, analyzing data from tens of millions of trip requests in 104 cities across 28 countries. The report highlights the impact of COVID-19 on public transit usage and explores riders' preferences for safe transit options. Notably, Mobileye, Moovit's sister company, plans to leverage this data for future robotaxi services. Key metrics include commute times, user feedback, and mobile payment demand, revealing that many riders seek convenient and safe transportation options.
