6 days ago

Intel (INTC) Stock Under Pressure as Turnaround Faces New Test

TLDR Intel stock approached $100 as selling pressure continued across semiconductor stocks. Microsoft’s Maia 300 development renewed attention on custom AI chips and supplier competition. OpenAI’s reported $50 billion revenue run rate raised fresh questions about AI infrastructure spending. Intel Foundry revenue grew 31%, although the business still recorded a $2.1 billion operating loss. Analysts [...]

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