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14.02.26 - 21:36
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Three Problems Explain Why Intel Stock Dropped 7.5% This Week (24/7 Wall St.)
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Intel Corporation (NASDAQ:INTC) had a rough week. The stock dropped 7.51% while the S&P 500 (NYSEARCA:SPY) dipped just 1.29% and the semiconductor sector rallied 1.76%. At $46.79, Intel is still up 27% year-to-date and nearly 94% over the past year, but this week's selloff raises questions about whether the turnaround narrative is stalling. Three storylines ... Three Problems Explain Why Intel Stock Dropped 7.5% This Week
The post Three Problems Explain Why Intel Stock Dropped 7.5% This Week appeared first on 24/7 Wall St.....
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12.02.26 - 08:06
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Tower Semiconductor revamps strategy after Intel deal collapses (Digitimes)
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Intel's decision to walk away from its September 2023 agreement for Fab 11X in New Mexico has prompted Tower Semiconductor to revamp its manufacturing roadmap, scrap the facility from its 2028 model, and redirect customers — marking a strategic reset for the specialty foundry partner....
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11.02.26 - 06:36
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Panic Ensues After Trump Orders CIA To Give 2020 Election Intel To ′Stop The Steal′ Lawyer (ZeroHedge)
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Panic Ensues After Trump Orders CIA To Give 2020 Election Intel To 'Stop The Steal' Lawyer
President Donald Trump has instructed the CIA and other spy agencies to hand over intelligence related to the 2020 election, a bunch of (presumably panicked) US intelligence officials told Politico and NBC News.
The records are to be handed over to Kurt Olsen - now a temporary government employee in the White House - who four years ago was involved in the "Stop the Steal" campaign to determine whether Joe Biden won the 2020 election via cheating.
Attorney Kurt Olsen during his opening statement in Kari Lake's election challenge trial on May 17, 2023, in Mesa, Ariz.Mark Henle / USA Today Network via Imagn
And you know they're freaking out by the way they tell us this...
"The administration last year hired Kurt Olsen, who more than five years ago took part in the “Stop the Steal” campaign that promoted baseless claims of widespread voter fraud, to investigate the 2020 elect...
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11.02.26 - 00:42
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DIGITIMES Insight: Intel 14A delays expose cracks in AI infrastructure expectations (Digitimes)
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Intel's 14A process node has become a focal point for the semiconductor industry, with market observers viewing it as a critical test of the company's manufacturing resurgence strategy. The advanced node has attracted significant attention amid speculation that major customers like Apple and Nvidia could adopt it for high-volume production. However, recent developments suggest these optimistic timelines may need recalibration....
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10.02.26 - 21:30
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Live: Will Astera Labs Soar After Earnings Tonight? (24/7 Wall St.)
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Live Updates Astera Shares Are Down 3% Today 4 minutes ago Live Astera Labs shares started the day slightly positive and climbed back to nearly even at midday, but have been sliding in the afternoon. They're currently down about 3% in late trading. Results have been choppy across AI infrastructure stocks today. Celestica is down 6.6%, Intel ... Live: Will Astera Labs Soar After Earnings Tonight?
The post Live: Will Astera Labs Soar After Earnings Tonight? appeared first on 24/7 Wall St.....
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