Intel and AMD Stocks Drop Amid Chip Market Selloff
Intel and AMD shares fell by 4% as the semiconductor sector faces a selloff, despite recent relief in bond yields. NVIDIA remained unchanged.
9 articles tagged with #Intel
Intel and AMD shares fell by 4% as the semiconductor sector faces a selloff, despite recent relief in bond yields. NVIDIA remained unchanged.
Intel shares fell more than 7% as rising oil prices and geopolitical uncertainty led investors to shy away from capital-intensive growth stocks.
Last week's market saw inflation stabilize while Intel and Nvidia led a surge in AI stocks, contributing to record-breaking activity on Wall Street.
Intel announces a $15 billion investment to expand its AI-focused silicon production, driven by surging demand for artificial intelligence technologies.
Intel aims to raise $15 billion by selling common stock, emphasizing the significance of domestic chip production for shareholder value and national security.
Intel's new shelf registration aims to improve financial flexibility and access to capital, adapting to changing market conditions.
Israel's government reallocates 1 billion shekels from Intel funds to munitions, signaling a shift in focus from tech investment to defense priorities.
Intel Foundry has secured Fortinet as its first corporate client, marking a strategic shift that enhances its competitiveness in the semiconductor sector.
Intel, AMD, and Applied Materials shares fell 4% as SK Hynix's poor performance and rising oil prices negatively impacted the semiconductor sector.