Results for “intel”

Bloomberg Senior Editor for Technology and Strategic Industries Mike Shepard tells Bloomberg This Weekend that disappointing Big Tech earnings are intensifying investor concerns about whether massive AI spending will generate sufficient returns, as Alphabet and Intel come under particular pressure. Speaking with hosts David Gura and Lisa Mateo, Shepard also discusses the record $6.3 billion Binance hack and the possibility that North Korean hackers were responsible. (Source: Bloomberg)

Intel is being hurt by PC sales as the AI industry gobbles memory and other components causing PC prices to rise.

Find insight on Intel, Amazon and more in the latest Market Talks covering technology, media and telecom.

Wall Street got a reality check as a bruising selloff in technology shares fueled concern the artificial-intelligence frenzy that has powered the equity bull market might be overblown. Disappointing tech results spurred the worst drop for stocks since June, with the Nasdaq 100 falling 3.5% and briefly crossing the threshold of a technical correction. Bloomberg News US Semiconductor Reporter Ian King, Bloomberg News Technology Reporter Matt Day and Bloomberg Intelligence Senior Technology Analyst Anurag Rana join to recap Intel and Amazon earnings. Plus, Jeff Sprecher, Intercontinental Exchange CEO joins to discuss the company's deal with Hyperliquid to bring perpetual futures products into US markets. Then, Bloomberg News Senior Equities Editor Eric Weiner helps dissect today's major selloff. Finally, Brooks Running CEO Dan Sheridan joins ahead of the New York City Marathon to discuss the shoe company's market share and customer demand. (Source: Bloomberg)

Disappointing earnings reports from Alphabet, Amazon and Intel renewed fears on Friday that the AI trade could unravel.

Intel’s PC business is under pressure as memory-chip prices dent demand and as corporate IT teams have less budget for laptops.

Shares in Intel continue to fall while the tech-heavy Nasdaq opens at its lowest level in more than two months.

Investors are nervous about the massive AI spending from the tech giants and whether that will pay off.

Intel is struggling to make enough AI server chips and dealing with a weak PC market. Investors will soon find out the degree to which AMD may be suffering from the same problems.

A drop of 4.2% for Nvidia, the chip company that became the poster child of the AI frenzy, was the heaviest force pulling the S&P 500 downward.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Kristine Aquino, Jess Menton and Tim Stenovec. (Source: Bloomberg)

“A cheaper stock does not necessarily offer better value,” one expert says.

Bloomberg’s Ed Ludlow looks at the fall in Intel shares as a bleak outlook exposes the chipmaker's struggle with a deepening PC slump and difficulty meeting CPU demand. Plus, AWS CEO Matt Garman discusses the cloud giant's accelerating growth and massive AI buildout. And, Bitcoin tumbles after hackers siphoned off $6.3 billion from Binance in an attack that rocked the crypto world. (Source: Bloomberg)

Shares of Intel plunged roughly 25 percent in premarket trading Friday after the American semiconductor giant issued a sharply disappointing sales and earnings forecast, raising fresh doubts about its turnaround and warning that a severe slump in the personal computer market could persist well into next year. The post Intel Shares Plunge 25 Percent After Chipmaker Issues Disastrous Forecast appeared first on Breitbart .

Wall Street will be looking to bounce back after a very tough day for tech companies on Thursday that saw shares of Amazon, Intel and Google’s parent company Alphabet plummet. It comes as the crypto industry suffered the biggest heist in history with hackers making off with nearly $6 billion in cryptocurrency. NBC’s Brian Cheung reports for TODAY.

Amazon and Intel worsen the sell-off with disappointing earnings releases

Intel has been a Wall Street darling this year due to its emergence as a player in AI, but the company is being weighed down by a struggling PC market.

The chip maker warned that challenges in the segment, driven by high memory-chip prices, will continue into 2028.

The chipmaker, whose largest investor is the U.S. government, reported that the A.I. boom’s domino effect had hurt sales to personal computer makers.

Intel Corp. suffered its worst stock rout in more than four decades after the PC industry slump and supply-chain snags hurt its forecast, renewing fears about the chipmaker’s turnaround bid.

Nvidia dismissed a new report that CEO Jensen Huang was targeted by a Chinese intelligence asset, stating the diversion allegations were “thoroughly investigated and debunked last year.”  The New York Times published a report Thursday finding American spy agencies last year discovered Alice Huang, an executive at the Singapore-based data center Megaspeed, funneled information to…

Iran has increased efforts to target U.S. personnel in the Middle East and other countries, according to a memo sent by the Director of National Intelligence Jay Clayton to Secretary of State Marco Rubio on Friday.

U.S. intelligence finds Iran has "substantially increased" its efforts to target American diplomats and officials in the Middle East and beyond, with lethal plots reaching "advanced stages," according to an Oct. 23 memo to Secretary of State Marco Rubio obtained by Axios. Why it matters: U.S. officials say the intelligence is one reason the State Department is drawing down personnel at several American embassies across the Middle East, amid mounting fears of a broader regional conflict. U.S. officials also fear that Iran-backed Houthi rebels in Yemen could expand their attacks beyond Saudi Arabia to other countries in the region. Adding to the volatile security environment is the prospect of renewed U.S. and Israeli military operations against Iran, potentially after the midterm elections. News of the memo exploded across the internet after Axios posted it last night, with media coverage worldwide . What they're saying: "We may do another little Operation Epic Fury, or [the Iranians] will agree [to a deal]," President Trump said at a rally in Florida on Friday. "If they're smart, they will just say, 'Let's get down to business,' but I doubt they will do that because perhaps they're not smart." Driving the news: In the one-page, unclassified memo obtained by Axios, Director of National Intelligence Jay Clayton warned Rubio that intelligence about Iranian assassination plots needs to reach more U.S. personnel than are currently authorized to receive it. The memo does not identify specific targets, countries outside the Middle East or the nature of the plots, but says the underlying intelligence has already been shared with senior State Department officials. Clayton offered to downgrade as much of the sensitive intelligence as possible so Rubio could share it more widely with personnel potentially at risk. State of play: Earlier this week, the State Department ordered family members and nonessential personnel to leave the U.S. Embassy in Riyadh and consulates in Jeddah