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Tag: Intel

Intel, Electronic Arts, Roku, Philip Morris, Sprinklr, and More Market Movers

Intel, Electronic Arts, Roku, Philip Morris, Sprinklr, and More Market Movers

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/stock-market-movers-60ac6179 Updated March 30, 2023 6:58 am ET / Original March 30, 2023 4:30 am ET Order Reprints Print Article Stock futures pointed …
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Intel dividend cut a result of ‘very specific issues’: DoubleLine’s Monica Erickson

Intel dividend cut a result of ‘very specific issues’: DoubleLine’s Monica Erickson

American tech icon Intel (INTC) slashing its dividend on Wednesday isn’t a total shock to one money manager. “Intel is an interesting story because they have very specific issues going on with their business. They’ve been losing market share to their competitors and I think cutting …
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Intel Slashes CEO Pay by 25% as Part of Companywide Cuts

Intel Slashes CEO Pay by 25% as Part of Companywide Cuts

(Bloomberg) — Intel Corp., struggling with a rapid drop in revenue and earnings, is cutting management pay across the company to cope with a shaky economy and preserve cash for an ambitious turnaround plan. Most Read from Bloomberg Chief Executive Officer Pat Gelsinger is taking a …
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Intel (INTC) earnings Q4 2022

Intel (INTC) earnings Q4 2022

Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel shares slid …
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Intel CEO Pat Gelsinger Buys Up Intel, Mobileye Stock

Intel CEO Pat Gelsinger Buys Up Intel, Mobileye Stock

Intel CEO Pat Gelsinger recently has been buying up shares of the chip giant that he helms, but he has spent far more for shares of recently spun-off Mobileye which is developing autonomous driving technologies. Read moreMullen Automotive stock rallies 20%Gelsinger paid $2.5 million on Oct. …
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Intel stock up 20% to best trading day since COVID-19 pandemic’s first days

Intel stock up 20% to best trading day since COVID-19 pandemic’s first days

Intel Corp. shares on Friday scored their best one-day rally since the start of the COVID-19 pandemic after the chip maker’s planned cost cuts and layoffs encouraged investors that have withstood shrinking margins and market share over the past several quarters. Intel INTC, +10.66% shares rallied …
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Intel (INTC) earnings Q3 2022

Intel (INTC) earnings Q3 2022

Intel CEO Pat Gelsinger speaks during the Mobileye Global Inc. IPO at the Nasdaq MarketSite in New York on Oct. 26, 2022. Mobileye Global Inc., the self-driving technology company owned by Intel Corp., priced one of the biggest US initial public offerings of the year above …
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Intel Plans Thousands of Job Cuts in Face of PC Slowdown

Intel Plans Thousands of Job Cuts in Face of PC Slowdown

(Bloomberg) — Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a sputtering personal-computer market, according to people with knowledge of the situation. Most Read from Bloomberg The layoffs will be announced as early as …
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The Bad Year of Chipmakers AMD, Nvidia and Intel Turns Into a Nightmare

The Bad Year of Chipmakers AMD, Nvidia and Intel Turns Into a Nightmare

It’s a bad dream that slowly turned into a nightmare.  And this nightmare doesn’t seem to want to end.  The year 2022 has been a painful journey for semiconductor manufacturers.  Following the example of AMD  (AMD) , Nvidia  (NVDA)  and Intel  (INTC) , which are the …
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Intel files for Mobileye IPO, creating share structure that keeps it in control

Intel files for Mobileye IPO, creating share structure that keeps it in control

After nearly a year’s wait, Mobileye is on the highway to Wall Street. Intel Corp. INTC, -2.31% -owned Mobileye Global Inc. launched its drive to an initial public offering in a Securities and Exchange Commission filing late Friday, leaving the size of the offering blank for …
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