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Today, Intel threatens to become this administration's Solyndra (the solar company, which went bankrupt after getting more than $500m in government funding). This would be disastrous, both for the ...
Intel's fall from grace seemed to happen all at once.Shares of the once iconic chipmaker plummeted 60% in 2024. The company posted the biggest loss in its 56-year history in its latest quarterly ...
Intel's co-CEOs discussed splitting the firm's manufacturing and products businesses Thursday. A separation could address Intel's poor financial performance. It also has political implications.
Intel (NASDAQ: INTC) is emerging as one of the biggest battleground stocks of the year. Shares of the chip titan, best known for its personal computer CPUs, plunged in early August after the ...
In 2008, Intel spun off key assets of a solar startup business effort to form an independent company, SpectraWatt Inc. In 2011, SpectraWatt filed for bankruptcy. [81] In February 2011, Intel began to build a new microprocessor manufacturing facility in Chandler, Arizona, completed in 2013 at a cost of $5 billion. [82]
"I think to some extent they [the stock] can still go down, ... Intel's fourth quarter sales dropped 6% year over year to $13.3 billion. The quarterly net loss tallied $0.46 a share, worse than ...
Egghead Software: An online software retailer, its shares surged in 1998 as investors bought up shares of Internet companies; by 2001, the company was bankrupt. eToys.com: An online toy retailer whose stock price hit a high of $84.35 per share in October 1999. In February 2001, it filed for bankruptcy with $247 million in debt.
Intel Corporation, an American multinational corporation and technology company headquartered in Santa Clara, California, is the world's largest semiconductor chip manufacturer by revenue. [ 1 ] [ 2 ] Since its inception, the company has acquired dozens of companies across the global technology industry, with seven multi-billion-dollar ...