Intel’s stock is climbing
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The company is facing a tight capacity for its older chip nodes, Intel 10 and 7, amid ongoing AI compute demand and businesses migrating to Windows 11.
Intel beat expectations for September-quarter profit as CEO Lip-Bu Tan's drastic cost-cutting measures helped the chipmaker shore up its finances amid a slew of high-profile investments in the company.
Intel posted profits in the latest quarter as the one-time America technology icon struggles to regain market share
Intel faces chip shortages as we slide into 2026, with 'stronger-than-expected' demand outpacing its ability to manufacture chips fast enough.
Intel shares surged as much as 7.8% in early trading on Friday, hitting an 18-month high, as investors rallied behind CEO Lip-Bu Tan's aggressive cost-cutting measures that helped the chipmaker surpass quarterly profit estimates and regain stability amid a flurry of high-stakes bets on future growth.
Intel says that 18A will be a “long-lived node” that will power “at least the next three generations of client and server products.” If you were hoping for a return to the “tick-tock” days where Intel would alternate between shrinking its chips and releasing new architectures every generation, that’s not happening here.
Work on Intel's $28B microchip fab plants in New Albany has slowed. The project, which began in 2022 and was to finish this year, is pushed back to 2031.
An Intel Corp. stock rally faded on Friday after investors looked past an upbeat forecast and focused on the many lingering challenges at the embattled chipmaker.