For the first time in its history, Intel’s share price has crossed the US$100 mark. The stock closed on Friday at $99.61, giving the US chip maker a market capitalisation of $501-billion. For the better part of a decade, Intel had forgotten how to make good silicon. Its share price languished as a result. The…
Intel has announced a strategic partnership to help Elon Musk design and construct his ambitious Terafab in Austin, Texas. The facility is a joint venture between Musk’s various enterprises, including Tesla, SpaceX, and xAI, dedicated to manufacturing the specialized hardware required for large-scale AI projects. Read: Intel partners with Elon Musk to build Terafab AI…
Demand for Intel’s CPUs from firms offering AI services was so strong in the first quarter that it sold even chips it had originally written off, a remarkable turnaround that sent the company’s shares soaring on Friday. The stock surged more than 23.6% to US$82.54, surpassing its dot-com-era peak in 2000 and taking the company’s…
Intel shares skyrocketed more than 23.6% on Friday, closing at $82.54 and finally eclipsed the company’s long-standing peak from the year 2000. This historic rally pushed Intel’s market value above $416 billion, signalling a massive vote of investor confidence in the turnaround led by CEO Lip-Bu Tan. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday:…
The Intel logo is displayed in front of Intel headquarters in Santa Clara, California, Jan. 22, 2026. Justin Sullivan | Getty Images Intel shares soared 24% on Friday, their best performance since October 1987, as investors cheered signs of renewed growth due to mounting artificial intelligence demand. The stock closed at $82.57 and is now…
Intel has officially unveiled the Core Series 3 lineup, codenamed Wildcat Lake. Aimed at mainstream and value-oriented laptops, these chips are manufactured using the cutting-edge Intel 18A process—the same node powering the flagship Core Ultra Series 3. The move promises to bring a significant balance of raw performance, improved efficiency, and “AI-ready” capabilities to more…
Intel has announced a strategic partnership to help Elon Musk design and construct his ambitious Terafab in Austin, Texas. The facility is a joint venture between Musk’s various enterprises, including Tesla, SpaceX, and xAI, dedicated to manufacturing the specialized hardware required for large-scale AI projects. Read: ShopriteX debuts Pixie, an AI assistant for Sixty60 First…
18m ago Gabbard, opposed to conflict with Iran in the past, has not publicly voiced support for the war Gabbard had not spoken publicly about the war with Iran since it began until she posted her statement following Kent’s resignation. In the past, Gabbard voiced strong opposition to intervening militarily in Iran. “President Trump…
Despite ongoing U.S.-Israeli strikes against its launch capabilities and claims from Washington and Tel Aviv that its offensive capacity is being rapidly reduced, Iran was still firing missiles and dozens of drones at U.S. allies in the Persian Gulf on Friday. Sirens reportedly sounded in Kuwait City hours after the Iranian Army claimed to be…
Intel CEO Lip-Bu Tan. Laure Andrillon/Reuters Intel said it is struggling to satisfy demand for its server chips used in AI data centres, and forecast quarterly revenue and profit below market estimates, sending shares down 13% in after-hours trading on Thursday. The forecast underscores the difficulties faced by Intel in predicting global chip markets, where…
