Intel Corporation is a leader in semiconductor manufacturing, specializing in the design and production of advanced integrated circuits and microprocessors that power a wide range of computing devices, from personal computers to data centers and Internet of Things applications. The company is renowned for its innovative technologies that drive performance and efficiency in computing, offering products tailored for various sectors including consumer, enterprise, and mobile markets. In addition to hardware, Intel also invests in software and services to support its ecosystem, fostering advancements in artificial intelligence, cloud computing, and autonomous systems. Through its commitment to research and development, Intel plays a critical role in shaping the future of technology. Read More
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A number of stocks fell in the morning session after the U.S. jobs report for July came in significantly weaker than expected while new widespread import tariffs were announced, sparking fears of a potential economic slowdown.
Looking for the most active stocks in the S&P500 index on Friday? Dive into today's session and discover the stocks that are dominating the trading activity and setting the pace for the market.
Intel shares are trading lower Friday morning. The stock is being hit by a combination of recent, disappointing corporate guidance and a surprisingly weak U.S. jobs report.
Intel CEO Lip-Bu Tan is executing a sweeping overhaul of the company's manufacturing strategy, slashing jobs, delaying key projects like the Ohio chip plant, and prompting the retirement of three senior executives as Intel struggles to regain its chipmaking edge.
Apple shares climbed in extended trading after surprisingly strong iPhone sales helped the tech giant report its fastest revenue growth since the December quarter of 2021.
