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Intel Corp (INTC.OQ)

INTC.OQ on NASDAQ Stock Exchange Global Select Market

58.49USD
18 Apr 2019
Change (% chg)

$-0.07 (-0.12%)
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Latest Key Developments (Source: Significant Developments)

Intel To Exit 5G Smartphone Modem Business
Wednesday, 17 Apr 2019 

April 16 (Reuters) - Intel Corp ::INTEL TO EXIT 5G SMARTPHONE MODEM BUSINESS, FOCUS 5G EFFORTS ON NETWORK INFRASTRUCTURE AND OTHER DATA-CENTRIC OPPORTUNITIES.WILL CONTINUE TO MEET CURRENT CUSTOMER COMMITMENTS FOR ITS EXISTING 4G SMARTPHONE MODEM PRODUCT LINE.DOES NOT EXPECT TO LAUNCH 5G MODEM PRODUCTS IN SMARTPHONE SPACE, INCLUDING THOSE ORIGINALLY PLANNED FOR LAUNCHES IN 2020.INTEL WILL ALSO CONTINUE TO INVEST IN ITS 5G NETWORK INFRASTRUCTURE BUSINESS.INTENTION TO ASSESS OPPORTUNITIES FOR 4G AND 5G MODEMS IN PCS, INTERNET OF THINGS DEVICES AND OTHER DATA-CENTRIC DEVICES.CEO BOB SWAN SAYS IN SMARTPHONE MODEM BUSINESS IT HAS BECOME APPARENT THAT THERE IS NO CLEAR PATH TO PROFITABILITY AND POSITIVE RETURNS.  Full Article

Intel says Acquires Omnitek
Tuesday, 16 Apr 2019 

April 16 (Reuters) - Intel Corp ::INTEL CORP - INTEL ACQUIRES OMNITEK.INTEL CORP - TERMS OF THE DEAL WERE NOT DISCLOSED.  Full Article

Intel says Announcing New 8th Gen Intel Core vPro Mobile Processors
Tuesday, 16 Apr 2019 

April 16 (Reuters) - Intel Corp ::INTEL CORP - ANNOUNCING NEW 8TH GEN INTEL CORE VPRO MOBILE PROCESSORS.  Full Article

IDC Says Commercial Segment Provides A Bright Spot In Traditional PC Market
Thursday, 11 Apr 2019 

April 10 (Reuters) - IDC::IDC SAYS COMMERCIAL SEGMENT PROVIDES A BRIGHT SPOT IN TRADITIONAL PC MARKET.IDC - ALTHOUGH SHORTAGE OF INTEL PROCESSORS REMAINED A FACTOR IN SEEING CONTRACTION IN Q1, MARKET PERFORMED BETTER THAN EXPECTED.IDC - WORLDWIDE MARKET FOR TRADITIONAL PCS, INCLUSIVE OF DESKTOPS, NOTEBOOKS, AND WORKSTATIONS, FELL 3 PERCENT IN Q1.IDC - STRONGER THAN EXPECTED DESKTOP SHIPMENTS IN Q1 FURTHER BOOSTED VOLUME, COMING ON THE HEELS OF A TOUGH Q4.IDC - U.S. MARKET SAW YOY VOLUMES DECLINE IN NOTEBOOKS AS CONSUMER DEMAND SOFTENED IN Q1, OFFSETTING MODEST GAINS IN DESKTOPS.  Full Article

Intel And Google Cloud Announce Strategic Partnership
Tuesday, 9 Apr 2019 

April 9 (Reuters) - Intel Corp ::INTEL AND GOOGLE CLOUD ANNOUNCE STRATEGIC PARTNERSHIP TO ACCELERATE HYBRID CLOUD.INTEL CORP - CO AND GOOGLE CLOUD WILL COLLABORATE ON ANTHOS.  Full Article

Intel Says CEO Robert Swan's 2018 Total Compensation Was $16.7 Million
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Intel Corp ::INTEL SAYS CEO ROBERT SWAN'S 2018 TOTAL COMPENSATION WAS $16.7 MILLION.INTEL CORP SAYS FORMER CEO BRIAN M. KRZANICH'S 2018 TOTAL COMPENSATION WAS $18.1 MILLION VERSUS $21.5 MILLION IN 2017 – SEC FILING.INTEL SAYS RATIO OF CEO SWAN'S 2018 ANNUAL TOTAL COMPENSATION TO 2018 TOTAL COMPENSATION OF MEDIAN COMPENSATED EMPLOYEE IS 156 TO 1.  Full Article

Intel Appoints George Davis As Executive Vice President And CFO
Wednesday, 3 Apr 2019 

April 2 (Reuters) - Intel Corp ::INTEL APPOINTS GEORGE S. DAVIS AS EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER.DAVIS JOINS INTEL FROM QUALCOMM INC, WHERE HE SERVED AS EXECUTIVE VICE PRESIDENT AND CFO SINCE MARCH 2013.DAVIS WILL ALSO OVERSEE INTEL'S INFORMATION TECHNOLOGY (IT) ORGANIZATION.ANNOUNCED APPOINTMENT OF GEORGE S. DAVIS AS EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, EFFECTIVE APRIL 3.  Full Article

Intel Corp Says Board Declared A Quarterly Dividend Of $0.315 Per Share
Thursday, 14 Mar 2019 

March 14 (Reuters) - Intel Corp ::INTEL DECLARES QUARTERLY CASH DIVIDEND.INTEL CORP - BOARD OF DIRECTORS HAS DECLARED A QUARTERLY DIVIDEND OF $0.315 PER SHARE.INTEL CORP - BOARD OF DIRECTORS HAS DECLARED A QUARTERLY DIVIDEND OF $0.315 PER SHARE.  Full Article

Intel Says Co And Major Tech Cos To Develop Compute Express Link
Monday, 11 Mar 2019 

March 11 (Reuters) - Intel Corp ::INTEL SAYS CO, ALIBABA, CISCO, DELL EMC, FACEBOOK, GOOGLE, HEWLETT PACKARD, HUAWEI & MICROSOFT ANNOUNCED FOUNDING OF CONSORTIUM TO DEVELOP COMPUTE EXPRESS LINK.INTEL SAYS COMPUTE EXPRESS LINK TECHNOLOGY WILL IMPROVE PERFORMANCE AND REMOVE BOTTLENECKS IN COMPUTATION-INTENSIVE WORKLOADS.  Full Article

Intel Corp Says Will Provide Technology To Rakuten For A New Cloud-Native Network
Thursday, 14 Feb 2019 

Feb 13 (Reuters) - INTEL CORP::INTEL CORP SAYS WILL PROVIDE TECHNOLOGY TO RAKUTEN FOR A NEW CLOUD-NATIVE NETWORK.  Full Article

RPT-EXPLAINER-How 5G drove moves by Apple, Qualcomm and Intel

SAN FRANCISCO, April 17 Apple Inc and Qualcomm Inc on Tuesday settled an acrimonious two-year legal dispute. Shortly afterward, Intel Corp said it will exit the smartphone modem chip business.