Intel Corp
Why startups and tech giants are racing to build a practical quantum computer
Technology giants Amazon, IBM, Google, Intel and Microsoft are all working on quantum technology, as are various other companies like Rigetti, IonQ, Quantum Computing Inc. and D-Wave Quantum Inc. The latest entrant into the space is Nvidia, with CEO Jensen Huang announcing in March that the company will build a quantum computing research center in […]
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AMD’s Lisa Su has already vanquished Intel. Now she’s going after Nvidia
Lisa Su, CEO of AMD, attends the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, Feb. 10, 2025. Benoit Tessier | Reuters When Lisa Su became CEO of Advanced Micro Devices in late 2014, the company was in dire straits and on the brink of potential bankruptcy. In its core market, […]
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SoftBank to acquire chip designer Ampere in $6.5 billion deal
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images SoftBank Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5 billion. The company expects the deal to close in […]
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Stocks making the biggest moves midday: Boeing, Nvidia, Autodesk, Gilead Sciences and more
Check out the companies making headlines in midday trading: Autodesk — Shares of the design software maker rose nearly 4% after Starboard Value said it is preparing to wage a proxy fight and intends to nominate a minority slate of director candidates ahead of the company’s upcoming annual meeting. MicroStrategy — The company, which is now going […]
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Samsung CEO says company will pursue deals as it struggles for growth
Han Jong-hee, co-chief executive officer of Samsung Electronics Co., speaks at the company’s annual general meeting at the Suwon Convention Center in Suwon, South Korea, on Wednesday, March 19, 2025. SeongJoon Cho | Bloomberg | Getty Images Samsung Electronics said on Wednesday it is looking at major deals to drive growth as it faced tough questions from shareholders after its failure to […]
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Stocks making the biggest moves midday: Intel, Tesla, Affirm, Robinhood and more
Check out the companies making headlines in midday trading: Affirm — The buy now, pay later company saw shares tumble 10% after CNBC reported that Swedish fintech firm Klarna will replace Affirm as the exclusive provider of such loans for Walmart . Klarna, which just disclosed its intention to go public in the U.S., will […]
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Intel’s new CEO receives $66 million in options and stock grants on top of $1 million salary
Intel appoints Lip-Bu Tan as CEO. Courtesy: Intel New Intel CEO Lip-Bu Tan will receive total compensation of $1 million in salary and about $66 million in stock options and grants vesting over the coming years, according to filing on Friday with the SEC. Tan was named as the chief of Intel this week, spurring […]
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Intel pops 16% as chipmaker taps new CEO, Wall Street backs turnaround effort
Intel appoints Lip-Bu Tan as CEO. Courtesy: Intel Intel shares popped more than 16% after the struggling chipmaker named Lip-Bu Tan its new CEO and Wall Street cheered the turnaround attempt. Tan previously served as CEO of chip software maker and Intel supplier Cadence Design Systems, and will rejoin the board after departing last year. […]
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Stocks making the biggest moves midday: Intel, Tesla, Dollar General, Adobe, UiPath and more
Check out the companies making headlines in midday trading. Tesla — Shares of the electric vehicle maker dropped more than 4%, marking the latest in a volatile string of sessions. Tesla jumped over the last two sessions after notching its worst day since 2020 on Monday. American Eagle Outfitters — Shares slipped 3% after the […]
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Stocks making the biggest moves premarket: Intel, Adobe, American Eagle Outfitters & more
Check out the companies making headlines before the bell. Intel – The stock jumped 10% after the company said it had appointed Lip-Bu Tan – who was previously the chief executive of software company Cadence Design Systems – as its new CEO. Tan is replacing interim co-CEOs David Zinsner and MJ Holthaus. UiPath – Shares […]
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