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Former Chip Champion Intel Is Making a Comeback. How to Keep Riding the Rally with Less Risk
Intel beat Q3 revenue and EPS estimates with $13.7 billion revenue, while Nvidia committed $5 billion to a partnership to boost semiconductor collaboration.
Summary by CNBC
9 Articles
9 Articles
Intel was a big winner on the New York stock exchanges on Friday. The chip manufacturer posted higher-than-expected revenue in the third quarter. Intel also returned to profit, after a substantial loss a year ago. The company also announced that demand for its chips exceeds supply. The Trump administration acquired a large stake in Intel last summer. AI chip company Nvidia also invested billions in its peer. Intel rose 6.5 percent.
·Apeldoorn, Netherlands
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Total News Sources9
Leaning Left1Leaning Right1Center2Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
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