Intel's stock is on a roll, and it's not just because of a good quarter. The company just turned a profit for the first time in two years. That's a huge deal! They made $4. 1 billion in the third quarter, which is a massive improvement from losing $16 billion last year. The new CEO, Lip-Bu Tan, seem
Hive Digital, a company that started with Bitcoin mining and now also builds data centers, just shared its earnings for the first three months of its fiscal year. They made a lot of money, thanks to both Bitcoin mining and their new AI-related services. In this quarter, Hive brought in $45. 6 milli
Intel, once a titan in the tech world, is facing some serious challenges. The company is struggling with slow business growth and political headwinds. President Trump has publicly opposed Intel's current CEO, Lip-Bu Tan, due to his past investments in China. This opposition has raised concerns about
Intel is making a big move to reshape its business. The company has decided to sell most of its Altera chip division to the investment firm Silver Lake. This deal is worth a whopping $8. 75 billion. Altera is known for making chips used in wireless tech, cars, and other gadgets. This sale is a sign
Intel has a new leader in town. Lip-Bu Tan, the former CEO of Cadence Design Systems, will step into the role of Intel's CEO on March 18th. This move comes after a long search for a permanent replacement for Pat Gelsinger, who retired at the end of last year. Tan's appointment is a big deal for Inte
Intel's stock had a massive jump recently, climbing 16. 1% in a single day. This surge was the biggest since March 2020, closing at $27. 39. What caused this sudden boost? Rumors are swirling that two major players in the tech industry, Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC),
Intel's server business is fighting some tough battles in the market. According to the latest analysis, server CPU sales have dropped significantly - not just this year, but for the last three years straight. The last time these numbers were this low for Intel was 14 years ago. The data center
Intel's future is stuck in a tricky spot. Its factories need loads of money and time to fix, which scares off potential buyers. Plus, the US government has poured money into these factories, making it tough to shut them down. So, no one wants the factories, but Intel can't sell without them. Recent
Intel's recent promise to enhance the performance of its Arrow Lake processors seems to be backfiring. The company rolled out a microcode update (MC version 0x114) to tackle long-standing issues, but benchmarks by CapFrameX reveal that it's causing more harm than good. Users reported a significant d
Intel has seen some big changes just recently. The company's long-time CEO, Pat Gelsinger, has left the scene after over 40 years. A surprise announcement came this Monday, naming two other executives, David Zinsner and Michelle Johnston Holthaus, as temporary co-CEOs while they look for a new leade
