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Intel Corp
(NQ:
INTC
)
24.50
+0.06 (+0.25%)
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Updated: 4:00 PM EST, Nov 22, 2024
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AI-focused chip designer Cerebras Systems filed for an IPO late Tuesday, as the startup looks to stand out category dominated by Nvidia.
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Intel stock investors need to keep a close eye on any developments dealing with Intel's 18A node.
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A media report stated that the company rebuffed a takeover offer for a major chunk of its operations.
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Nvidia Has 'Two Glaring Holes' In Its Data Center Offering
September 27, 2024
As Nvidia looks to maintain its lead in the AI data center market, it might need to fill some holes in its product lineup. Nvidia stock fell.
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Intel rejects proposed takeover from Arm Holdings and plans to keep its business division. Intel's stock drops 31% while Taiwan Semiconductor gains 119%.
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Chip giants Nvidia, Broadcom, and Micron report strong earnings reflecting the continuing growth of the AI industry, with Microsoft and Google investing billions in AI infrastructure and training.
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