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Intel Corp

Intel shares fall on $7 billion operating loss in foundry business

by Walter Watson
Intel shares fall on  billion operating loss in foundry business

U.S. President Joe Biden tours the Intel Ocotillo Campus, in Chandler, Arizona, U.S., March 20, 2024.  Kevin Lamarque | Reuters Intel shares fell 4% at one point in extended trading …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) on March 20, 2024 in New York City.  Spencer Platt | Getty Images The Dow Jones Industrial Average …

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U.S. labor market is in ‘good shape’

by Walter Watson
U.S. labor market is in ‘good shape’

A “Hiring” signs at a restaurant in San Francisco, California, US, on Monday, June 26, 2023. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC …

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China’s new guidelines will block Intel and AMD chips in government computers: FT

by Ron Morgan
China’s new guidelines will block Intel and AMD chips in government computers: FT

Digitally Generated Images Wong Yu Liang | Moment | Getty Images China has rolled out new guidelines that will phase out U.S. processors in government computers and servers, effectively blocking …

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Intel awarded up to $8.5 billion from CHIPS Act, with loans available

by Edgar Davis
Intel awarded up to .5 billion from CHIPS Act, with loans available

The White House said Intel has been awarded up to $8.5 billion in CHIPS Act funding, as the Biden administration ramps up its effort to bring semiconductor manufacturing to U.S. …

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Amazon gets boost from 72% pop in AI company Astera Labs’ IPO

by Edgar Davis
Amazon gets boost from 72% pop in AI company Astera Labs’ IPO

In this photo illustration, Astera Labs logo is seen on a smartphone and on a pc screen.  Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Amazon CEO Andy …

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In swing state Arizona, an $8.5 billion CHIPS grant spells ‘jobs’ more than geopolitics

by Edgar Davis
In swing state Arizona, an .5 billion CHIPS grant spells ‘jobs’ more than geopolitics

US President Joe Biden gives a speech at Intel Ocotillo Campus on March 20, 2024 in Chandler, Arizona. Biden announced $8.5 billion in federal funding from the CHIPS Act for …

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Microsoft debuts first Surface PCs with dedicated Copilot AI button

by Edgar Davis
Microsoft debuts first Surface PCs with dedicated Copilot AI button

Microsoft is releasing its first Surface PCs featuring a dedicated Copilot button on the keyboard for quickly accessing the chatbot, following through on a promise it made in January. The …

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Stock market today: Live updates

by Ron Morgan
Stock market today: Live updates

Traders work on the floor during morning trading at the New York Stock Exchange (NYSE) on March 06, 2024 in New York City.  Spencer Platt | Getty Images Stocks rose …

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Robot startup Figure valued at $2.6 billion by Bezos, OpenAI, Nvidia

by Edgar Davis
Robot startup Figure valued at .6 billion by Bezos, OpenAI, Nvidia

Startup Figure AI is developing general-purpose humanoid robots. Figure AI Figure AI, a startup working to build humanoid robots that can perform dangerous and undesirable jobs, just got a big …

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