Intel shares jump 23% as Nvidia to invest $5 billion co-develop chips for PCs and AI data centers

Nvidia Corp. (NVDA.O) said on Thursday it will invest $5 billion in Intel Corp. (INTC.O) and jointly develop chips for personal computers and data centers, a surprise move that sent…

NNR September 19, 2025

Indices and commodities

Stocks fall as tech slide deepens, Fed minutes signal inflation concerns

Dow Jones edges lower as tech rout deepens, Fed minutes stir rate cut debate Wall Street closed lower on Wednesday as investors pulled back from high-flying technology stocks for a…

NNR August 20, 2025

Indices and commodities

Wall Street slips as investors eye retail earnings, Fed symposium

Dow Jones slips from record highs as investors await retail earnings and Fed signals NEW YORK: U.S. stocks edged lower Monday as investors turned cautious ahead of key earnings reports…

NNR August 18, 2025

Wire

RealSense spins out from Intel, raises $50 million Series A funding to advance AI-powered robotics

RealSense spins out from Intel and secures $50 million in Series A funding to advance AI-powered robotics, biometrics, and computer vision technologies.

NNR July 11, 2025

Wire

Intel to sell majority stake in Altera to Silver Lake for $8.75 billion

Key Details: - Deal Structure: Intel will sell 51% of its Altera business to private equity firm Silver Lake, valuing Altera at $8.75 billion. - Ownership Post-Deal: Intel retains 49%…

NNR April 14, 2025

Wire

Intel Announces New Edge Platform for Scaling AI Applications

Edge computing is the next frontier of digital transformation, where data is generated and processed closer to the source. Many edge applications require advanced AI analytics to automate tasks, improve…

NNR February 26, 2024

Wire

Intel Unleashes 2.7x Performance per Rack Improvement for 5G Core

How Intel Xeon Next-Gen Processors and Intel Infrastructure Power Manager Software Boost 5G Core Efficiency and Sustainability Intel has announced two major updates to help network operators scale their 5G…

NNR February 26, 2024

Wire

Intel and Cadence join forces to boost AI, HPC and mobile computing

Intel Foundry Services (IFS) and Cadence Design Systems, Inc. have announced a multiyear strategic agreement to jointly develop a portfolio of key customized IP, optimized design flows and techniques for…

NNR February 20, 2024

Wire

Schneider Electric, Intel and Red Hat launch new software framework for industrial control

Schneider Electric, the leader in the digital transformation of energy management and automation, has teamed up with Intel and Red Hat to release a new software framework for industrial control.…

NNR February 7, 2024

Wire

Cirrus Logic, Intel, and Microsoft announce design to enable high performance PCs

A new reference design from Cirrus Logic, Intel and Microsoft aims to enable "cool, quiet and high-performance" PCs with improved audio quality and efficiency. The reference design features Cirrus Logic's…

NNR February 5, 2024

Wire

Intel launches new AI chips to challenge Nvidia and AMD

Intel announced a new lineup of computer chips on Thursday, including Gaudi3, a chip designed for generative AI software. Gaudi3 will compete with Nvidia and AMD’s chips that power large…

NNR December 15, 2023

Wire

Intel abandons $5.4 billion deal to buy Tower Semiconductor

Intel Corp, the world’s largest chipmaker, has decided to drop its $5.4 billion deal to acquire Tower Semiconductor Ltd, an Israeli contract chipmaker, after failing to get regulatory approval from…

NNR August 16, 2023