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.
Mobileye (NASDAQ: MBLY) has announced its upcoming presence at CES 2025, where it will showcase its latest autonomous driving and safety technologies. The company's annual press conference, 'Mobileye: Now. Next. Beyond.' will be held on January 7, 2025, at 11:00 a.m. PT, presented by CEO Prof. Amnon Shashua.
The company will demonstrate its modular product portfolio including Advanced Driver Assistance Systems, Surround ADAS, Mobileye SuperVision™, Mobileye Chauffeur™, and Mobileye Drive™. Key executives will participate in industry panels discussing AV technology and integration. The showcase will highlight innovations in AI, sensor fusion, and imaging radar technologies aimed at advancing safer autonomous mobility solutions.
Mobileye (MBLY) and Innoviz Technologies (INVZ) have announced a partnership where Mobileye will integrate Innoviz LiDARs into its Mobileye Drive™ autonomous vehicle platform. The platform has been adopted by major vehicle producers including VW Commercial Vehicles, Schaeffler/VDL, Holon, and Verne.
The integration will enhance the platform's autonomous driving capabilities by combining Innoviz's LiDAR technology with Mobileye's imaging radars and high-resolution cameras. The collaboration aims to enable safer and more efficient autonomous transportation, with Start of Production scheduled for 2026.
Innoviz's InnovizTwo product platform, specifically engineered for Mobileye Drive™, will provide a complete set of LiDARs for L4 autonomous driving, designed to navigate complex urban environments.
Intel has appointed two semiconductor industry veterans to its board of directors: Eric Meurice, former president, CEO, and chairman of ASML Holding, and Steve Sanghi, chairman and interim CEO of Microchip Technology. Both will serve as independent directors.
Meurice led ASML from 2004 to 2013, during which the company's market value increased five-fold. He was key in establishing ASML's Customer Co-Investment Program for next-generation lithography technologies. Sanghi led Microchip Technology as CEO from 1991 to 2021, achieving 121 consecutive quarters of profitability and growing the company's market value from $10 million to approximately $44 billion.
Intel announced the retirement of CEO Pat Gelsinger, effective Dec. 1, 2024. David Zinsner and Michelle Johnston Holthaus have been appointed as interim co-CEOs while the board conducts a search for a permanent successor. Holthaus has also been named CEO of Intel Products, overseeing the Client Computing Group, Data Center and AI Group, and Network and Edge Group. Frank Yeary will serve as interim executive chair. The board emphasized their commitment to restoring investor confidence, placing the product group at the center of operations, and focusing on regaining manufacturing competitiveness while driving greater efficiency and improved profitability.
Intel has secured up to $7.86 billion in direct funding from the U.S. Department of Commerce under the CHIPS and Science Act, plus a 25% investment tax credit, to support its $100 billion investment plans in American semiconductor manufacturing. The funding will advance projects across Arizona, New Mexico, Ohio, and Oregon. This follows a separate $3 billion contract for the Secure Enclave program. The investments are expected to create more than 10,000 company jobs, 20,000 construction jobs, and 50,000 indirect jobs. The package includes $65 million for workforce development, with $56 million allocated for training and education programs.
Mobileye has released an updated press kit featuring new multimedia assets showcasing its autonomous driving technologies and global operations. The kit includes high-resolution photos, infographics, and b-roll footage of their EyeQ System-on-Chip (SoC), SuperVision™ driver assistance system, and autonomous test fleets. The visual materials highlight Mobileye's headquarters, production vehicles, and various technological solutions including Road Experience Management™ (REM), Cloud-Enhanced Driver-Assist™, and the DXP platform. By the end of 2023, approximately 190 million vehicles worldwide have been equipped with Mobileye technology.
Mobileye (MBLY) has released its first Sustainability Report for 2023, highlighting its ESG initiatives and commitment to transportation safety. Key achievements include obtaining LEED Platinum Certification for its Jerusalem headquarters and deploying EyeQ™ system-on-chip in approximately 170 million vehicles worldwide. The company allocated $1.2 million to non-profit organizations and recycled 28 tons of material, with electronic waste making up 63% of diverted materials.
The report outlines Mobileye's focus on quality, product stewardship, privacy protection, and community well-being. Since its 1999 founding, the company has expanded its presence to six countries, offering Advanced Driver Assistance Systems (ADAS) and autonomous vehicle solutions to enhance road safety and improve driver experiences.
Intel has announced upcoming executive participation in two major investor conferences. Naga Chandrasekaran, executive vice president and chief global operations officer, will discuss Intel's business and foundry strategy at the UBS Global Technology Conference on December 4 at 12:35 PM PST. David Zinsner, executive vice president and CFO, will present Intel's business and financial strategy at the Barclays Global Technology Conference on December 12 at 8:40 AM PST. Both events will be available via live webcasts and replays on Intel's Investor Relations website.
Mobileye Global (Nasdaq: MBLY) announces its Capital Markets Day scheduled for December 9th and 10th, 2024, in Munich, Germany. The event will showcase real-world demonstrations of EyeQ®5-based SuperVision™ in production vehicles and Drive™ system in robotaxis. The program includes in-depth presentations on self-driving technology, EyeQ®6 High updates, and progress reports on SuperVision, Chauffeur™ and Drive production programs.
Due to vehicle demo ride constraints, identical sessions will run over two days. While space is , interested parties can email investors@mobileye.com by November 12th. A live video webcast will be available for the December 9th session, with an archived replay provided afterward.
Mobileye Global (Nasdaq: MBLY) has announced its participation in two major investor conferences in Q4 2024: the Baird 2024 Global Industrial Conference on November 14, and the Barclays 15th Annual Global Automotive and Mobility Tech Conference on November 21. The company plans to webcast its fireside chats when possible, with exact timing to be announced later. Interested parties can access the webcasts through Mobileye's investor relations website.