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Intel Corp (INTC.OQ)

INTC.OQ on NASDAQ Stock Exchange Global Select Market

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14 Aug 2020
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Latest Key Developments (Source: Significant Developments)

MediaTek Says First Laptops Enabled By MediaTek And Intel 5G Modem Solution Expected In Early 2021
Thursday, 6 Aug 2020 

Aug 6 (Reuters) - MediaTek Inc <2454.TW>::MEDIATEK SAYS FIRST LAPTOPS ENABLED BY MEDIATEK AND INTEL 5G MODEM SOLUTION EXPECTED IN EARLY 2021.  Full Article

Intel Says Launching Tiger Lake In Q3
Friday, 24 Jul 2020 

July 23 (Reuters) - Intel Corp ::LAUNCHING TIGER LAKE IN Q3.ON-TRACK TO RETURN TO NORMAL PC INVENTORY LEVELS.SAPPHIRE RAPIDS, SECOND 10NM XEON SP, EXPECTED TO SAMPLE IN H2 - PRESENTATION.SEES FY FCF OF ABOUT $17.5 BILLION.  Full Article

Intel Reports Q2 GAAP EPS Of $1.19
Friday, 24 Jul 2020 

July 23 (Reuters) - Intel Corp ::SECOND-QUARTER REVENUE OF $19.7 BILLION WAS UP 20 PERCENT YEAR-OVER-YEAR.SECOND-QUARTER GAAP EARNINGS-PER-SHARE (EPS) WAS $1.19.ACCELERATING 10NM PRODUCT TRANSITION; 7NM PRODUCT TRANSITION DELAYED VERSUS PRIOR EXPECTATIONS.QTRLY NON-GAAP EPS OF $1.23.Q2 EARNINGS PER SHARE VIEW $1.11, REVENUE VIEW $18.55 BILLION -- REFINITIV IBES DATA.EXPECTING FULL-YEAR REVENUE OF $75 BILLION; GAAP EPS OF $4.53 AND NON-GAAP EPS OF $4.85.QTRLY DCG REVENUE $7.1 BILLION, UP 43%.QTRLY RESULTS WERE DRIVEN BY STRONG SALES OF CLOUD, NOTEBOOK, MEMORY AND 5G PRODUCTS.QTRLY CCG REVENUE $9.5 BILLION, UP 7%.SEES Q3 GAAP REVENUE ABOUT $18.2 BILLION.QTRLY PC-CENTRIC BUSINESS WAS UP ON NOTEBOOK STRENGTH DRIVEN BY CONTINUED WORK- AND LEARN AT HOME DYNAMICS OF COVID-19.SEES Q3 GAAP EARNINGS PER SHARE APPROXIMATELY $1.02.Q3 EARNINGS PER SHARE VIEW $1.14, REVENUE VIEW $17.90 BILLION -- REFINITIV IBES DATA.SEES FULL-YEAR CAPITAL SPENDING ABOUT $15 BILLION.WORK, LEARN AT HOME DYNAMICS OF COVID-19 CONTRIBUTED TO A VOLUME DECLINE IN DESKTOP FORM FACTORS AS DEMAND SHIFTED TO NOTEBOOKS IN Q2.FY2020 EARNINGS PER SHARE VIEW $4.81, REVENUE VIEW $73.86 BILLION -- REFINITIV IBES DATA.SEES Q3 NON-GAAP EARNINGS PER SHARE APPROXIMATELY $1.10.IN H2 2021, EXPECTS TO DELIVER NEW LINE OF CLIENT CPU’S WHICH WILL INCLUDE ITS FIRST 10NM-BASED DESKTOP CPU, NEW 10NM-BASED SERVER CPU.7NM-BASED CPU PRODUCT TIMING IS SHIFTING APPROXIMATELY SIX MONTHS RELATIVE TO PRIOR EXPECTATIONS.  Full Article

Ford And Mobileye Expand Relationship To Offer Better Camera-Based Collision Avoidance In Global Vehicles
Monday, 20 Jul 2020 

July 20 (Reuters) - Ford::FORD AND MOBILEYE EXPAND RELATIONSHIP TO OFFER BETTER CAMERA-BASED COLLISION AVOIDANCE IN GLOBAL VEHICLES.FORD MOTOR CO - EXPANDING RELATIONSHIP TO OFFER BETTER CAMERA-BASED DETECTION CAPABILITIES FOR DRIVER-ASSIST SYSTEMS.FORD MOTOR - WILL DISPLAY MOBILEYE'S NAME IN VEHICLES THROUGH INCLUSION OF LOGO IN AUTOMAKER'S SYNC DRIVER-ASSIST COMMUNICATION DISPLAYS.  Full Article

Untether AI Has Closed An Additional $7 Mln Funding Led By Radical Ventures With Participation By Intel Capital
Monday, 13 Jul 2020 

July 13 (Reuters) - UNTETHER AI::UNTETHER AI - HAS CLOSED AN ADDITIONAL $7 MILLION USD FUNDING LED BY RADICAL VENTURES WITH PARTICIPATION BY INTEL CAPITAL.  Full Article

Intel Corporation's Mobileye And Willer to Partner On Self-Driving Mobility Solutions For Japan, Southeast Asia
Wednesday, 8 Jul 2020 

July 7 (Reuters) - Intel Corp ::MOBILEYE AND WILLER PARTNER ON SELF-DRIVING MOBILITY SOLUTIONS FOR JAPAN, SOUTHEAST ASIA.THE TWO COMPANIES AIM TO BEGIN TESTING ROBOTAXIS ON PUBLIC ROADS IN JAPAN IN 2021.THE COMPANIES TO COLLABORATE ON TESTING, DEPLOYMENT OF AUTONOMOUS TRANSPORTATION SOLUTIONS BASED ON MOBILEYE'S AUTOMATED VEHICLE TECHNOLOGY.  Full Article

Reliance Industries Says Intel To Invest 18.95 Bln Rupees In Jio Platforms
Friday, 3 Jul 2020 

July 3 (Reuters) - Reliance Industries Ltd ::INTEL CAPITAL, INVESTMENT ARM OF INTEL CORPORATION, TO INVEST 18.95 BILLION RUPEES IN JIO PLATFORMS.INTEL CAPITAL’S INVESTMENT WILL TRANSLATE INTO A 0.39% EQUITY STAKE IN JIO PLATFORMS ON A FULLY DILUTED BASIS.  Full Article

Intel Corp Says 7nm Lead Product On-Track For Q4'21
Friday, 24 Jan 2020 

Jan 23 (Reuters) - Intel Corp ::INTEL CORP - 7NM LEAD PRODUCT, PONTE VECCHIO, ON-TRACK FOR Q4’21.INTEL CORP- QTRLY CCG OPERATING INCOME UP FROM LOWER SPENDING DRIVEN BY 5G SMARTPHONE MODEM EXIT.INTEL CORP - RECORD OPERATING INCOME IN QUARTER FROM DCG WHILE RAMPING 10NM CAPACITY - PRESENTATION.INTEL CORP - ADDING 25% 2020 WAFER CAPACITY TO SUPPORT HIGH-SINGLE DIGIT PC UNIT VOLUME GROWTH.INTEL CORP - "10NM YIELD AHEAD OF EXPECTATIONS… ACCELERATING TRANSITION WITH NINE PRODUCT RELEASES IN 2020".  Full Article

Intel Corp Sees Q1 Non-GAAP Earnings Per Share Of About $1.30
Friday, 24 Jan 2020 

Jan 23 (Reuters) - Intel Corp ::FOURTH-QUARTER EARNINGS PER SHARE (EPS) OF $1.58 ($1.52 ON A NON-GAAP BASIS)..FOURTH-QUARTER REVENUE WAS $20.2 BILLION, UP 8 PERCENT.EXPECTING 2020 REVENUE OF ABOUT $73.5 BILLION AND Q1 REVENUE OF ABOUT $19.0 BILLION.“IN 2019, WE GAINED SHARE IN AN EXPANDED ADDRESSABLE MARKET THAT DEMANDS MORE PERFORMANCE TO PROCESS, MOVE AND STORE DATA".QTRLY DCG REVENUE $7.2 BILLION UP 19%.SEES Q1 GAAP EARNINGS PER SHARE ABOUT $1.23 AND NON-GAAP EARNINGS PER SHARE ABOUT $1.30.Q4 EARNINGS PER SHARE VIEW $1.25, REVENUE VIEW $19.23 BILLION -- REFINITIV IBES DATA.SEES FY 2020 GAAP EARNINGS PER SHARE OF $4.71.SEES FY NON-GAAP EARNINGS PER SHARE ABOUT $5.00.QTRLY CCG REVENUE $10.0 BILLION UP 2%.Q1 EARNINGS PER SHARE VIEW $1.04, REVENUE VIEW $17.19 BILLION -- REFINITIV IBES DATA.FY2020 EARNINGS PER SHARE VIEW $4.68, REVENUE VIEW $72.25 BILLION -- REFINITIV IBES DATA.INTEL - SEES FY CAPITAL SPENDING ABOUT $17.0 BILLION.QTRLY REVENUE UP VERSUS OCTOBER GUIDANCE LED BY RECORD DATA-CENTRIC REVENUE, UP 15% YOY.INTEL-Q4 DCG REVENUE DRIVEN BY DEMAND FROM CLOUD SERVICE PROVIDER CUSTOMERS, STRONG MIX OF HIGH-PERFORMANCE 2ND-GENERATION INTEL XEON SCALABLE PROCESSORS.INTEL- Q4 PC-CENTRIC BUSINESS REVENUE WAS UP ON HIGHER MODEM SALES AND DESKTOP PLATFORM VOLUMES.ANNOUNCES FIVE PERCENT INCREASE TO QUARTERLY CASH DIVIDEND.APPROVED A 5% CASH DIVIDEND INCREASE TO $1.32 PER SHARE ON AN ANNUAL BASIS.  Full Article

Intel Corp Says Increasing Supply Output In Response To Stronger Than Expected Demand
Friday, 25 Oct 2019 

Oct 24 (Reuters) - Intel Corp ::INTEL CORP SAYS INCREASING SUPPLY OUTPUT IN RESPONSE TO STRONGER THAN EXPECTED DEMAND - PRESENTATION.INTEL CORP - INCREASED SHARE BUYBACK AUTHORIZATION BY $20 BILLION.INTEL CORP - REPURCHASING $20 BILLION IN SHARES IN NEXT 15-18 MONTHS.  Full Article

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Intel says new transistor technology could boost chip performance 20%

Intel Corp on Thursday disclosed a new method for making transistors on semiconductors that its chief architect said could boost the performance Intel's next round of processors by as much as 20%.