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Lenovo's record revenue on AI demand contrasts with a net loss and falling PC shipments. Intel's massive stock offering to fund its foundry business pressures its shares despite a Tesla win.
Stock futures edge higher ahead of key AI earnings from CoreWeave, SMCI. Oil prices waver as Iran deal hopes fade after Tehran's demands stall talks. Gold hits highest since June; Intel upsizes stock…
Intel plans to raise $15B via new share sale, leveraging its 165% YTD rally to minimize dilution. Funds aim to support AI-driven chip demand, factory expansion, and manufacturing investments amid the…
US indexes dipped slightly amid oil price surges from Strait of Hormuz closure and inflation uncertainty. Intel fell on dilutive offering, Meta rose on AI news, Nvidia slipped despite $500B AI fundin…
Intel fell 5% after a $15B stock offering to fund foundry expansion, but AMD, NVIDIA, Broadcom and SOXX stayed flat, signaling traders view it as an isolated Intel event, not a sector-wide chip conce…
Intel launched a $15B stock offering to fund AI-driven capacity expansion, citing surging demand for CPUs and data center chips. Shares dipped 3% premarket on dilution concerns despite strong underly…