Trends - Intel Corp - Business Recorder

Intel Corp

Intel to drop $5.4bn Tower deal after China review delay

NEW YORK: Intel Corp will drop its $5.4 billion deal to acquire Israeli contract chipmaker Tower Semiconductor Ltd...

Published 16 Aug, 2023 10:18am

Markets

Wall Street falls as Amazon, chipmakers weigh

NEW YORK: US stock indexes fell on Wednesday as Amazon.com declined and chipmakers came under pressure after a...

Published 09 Jun, 2022 06:18am

Business & Finance

Intel plans $20bn chip manufacturing site in Ohio

WASHINGTON/SAN FRANCISCO: Intel Corp on Friday is set to announce it will invest $20 billion in a massive new...

Published 21 Jan, 2022 12:04pm

Technology

Intel to invest $7bn in new plant in Malaysia, creating 9,000 jobs

KUALA LUMPUR: Intel Corp will invest more than $7 billion to build a new chip-packaging and testing factory in...

Published 16 Dec, 2021 10:23am

Business & Finance

Intel shows research for packing more computing power into chips beyond 2025

Research teams at Intel Corp on Saturday unveiled work that the company believes will help it keep speeding up and...

Published 12 Dec, 2021 11:01pm

Business & Finance

Apple unveils two new MacBooks, AirPods and a $5 music streaming service

Apple Inc on Monday launched two new MacBook Pro models powered by new in-house Apple Silicon chips as well as a new...

Published 19 Oct, 2021 12:56am

Business & Finance

Intel breaks ground on $20bn Arizona plants as US chip factory race heats up

The new Arizona plants will also be the first Intel has built from the ground up with space reserved for outside customers

Updated 24 Sep, 2021 09:08pm

Business & Finance

Intel to invest up to 80bn euros in boosting EU chip capacity

The CEO says the aim was for a "total project of 80 billion euros ($94.77 billion) over the next decade that would be a catalyst for the semiconductor industry... a catalyst for the entire technology industry"

Published 07 Sep, 2021 10:19pm

Markets

S&P 500, Nasdaq hit record highs on megacaps, earnings strength

Twitter Inc gained 4.2pc after it reported quarterly revenue growth, while Snapchat-owner Snap Inc surged 22.5pc on beating estimates for user growth and revenue.

Published 23 Jul, 2021 10:14pm

Technology

Chip shortage to become worse in late 2021: Intel CEO

Pat Gelsinger predicts it will get worse before getting better

Published 26 Jun, 2021 02:23pm

Business & Finance

Intel to work with India's Reliance Jio on 5G network technology

"This is the fruit of that partnership," Navin Shenoy, executive vice president and general manager of the data platforms group at Intel.
"5G in India is going to be massive, and (Reliance Jio) are doing it in a non-legacy way."

Published 21 Jun, 2021 08:18pm

Business & Finance

Oracle launches Arm-based cloud computing service using Ampere chips

Cloud providers are some of the biggest buyers of chips because they rent out the computing power they generate to thousands of other companies.
Oracle said it would rent out the chips at 1 cent per computing core per hour, less than half of what it said were its rivals' comparable rates.

Published 25 May, 2021 08:00pm

Business & Finance

Wall Street sees long road ahead as Intel seeks to regain market share

"There are significant issues that must be overcome if this is to be a success, with investment ahead of time and profits unlikely until after 2025 if not later," Atlantic Equities analyst Ianjit Bhatti said.
"In the near term (2-3 years), we do not believe that Intel has an answer to AMD's market share gains."

Published 23 Apr, 2021 08:35pm

Technology

Intel to spend $20bn on US chip plants as CEO challenges Asia dominance

SAN FRANCISCO: Intel Corp will greatly expand its advanced chip manufacturing capacity as the new chief executive...

Published 29 Mar, 2021 06:05am

Opinion

Money no object as governments race to build chip arsenals

Governments around the world are subsidizing the construction of semiconductor factories as a chip shortage hobbles...

Published 27 Mar, 2021 05:41am

Technology

Intel graphics chip will tap new version of TSMC 7-nanometer process

Intel declined to comment and TSMC did not immediately respond to a request for comment.

Published 12 Jan, 2021 12:55pm

Technology

Alibaba facial recognition tech specifically picks out Uighur minority

"We have eliminated any ethnic tag in our product offering," an Alibaba spokeswoman told Reuters.

Published 18 Dec, 2020 10:22am

World

US Defence Department looks to bolster domestic chip manufacture with new program

The foundries would handle commercial work from US companies and could also provide components to the Defence Department, it said.

Published 18 Dec, 2020 10:15am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Dec 11 Chakwal Spinning Mills Limited(CWSM)	3.35 ▲ 1.00 (42.55%)
First Elite Cap.Mod / Dec 11 First Elite Capital Modaraba(FECM)	5.99 ▲ 0.99 (19.80%)
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	4.80 ▲ 0.61 (14.56%)
Dar-es-Salaam / Dec 11 Dar-es-Salaam Textile Mills Limited(DSML)	8.49 ▲ 1.00 (13.35%)
Silk Bank Ltd / Dec 11 Silkbank Limited(SILK)	1.24 ▲ 0.14 (12.73%)
Nazir Cotton Mills / Dec 11 Nazir Cotton Mills Limited(NCML)	4.24 ▲ 0.44 (11.58%)
Pace (Pak) Ltd. / Dec 11 Pace (Pakistan) Limited(PACE)	2.85 ▲ 0.29 (11.33%)
Samba Bank / Dec 11 Samba Bank Limited(SBL)	9.93 ▲ 1.00 (11.20%)
Alfalah ETF. / Dec 11 Alfalah Consumer Index ETF.(ACIETF)	12 ▲ 1.01 (9.19%)
Trust Mod. / Dec 11 Trust Modaraba(TRSM)	2.17 ▲ 0.17 (8.50%)

Stock	Price
Sec. Inv. Bank / Dec 11 Security Investment Bank Limited(SIBL)	4.89 ▼ -0.85 (-14.81%)
Next Capital / Dec 11 Next Capital Limited(NEXT)	6 ▼ -0.60 (-9.09%)
Redco Textile / Dec 11 Redco Textiles Limited(REDCO)	6.23 ▼ -0.57 (-8.38%)
Asim Textile / Dec 11 Asim Textile Mills Limited(ASTM)	11.50 ▼ -0.98 (-7.85%)
Crescent Fib. / Dec 11 Crescent Fibres Limited(CFL)	74.02 ▼ -6.00 (-7.50%)
Dadex Eternit / Dec 11 Dadex Eternit Limited(DADX)	45.73 ▼ -3.71 (-7.50%)
J.A.Textile / Dec 11 J.A. Textile Mills Limited(JATM)	46.64 ▼ -3.78 (-7.50%)
Reliance Cotton / Dec 11 Reliance Cotton Spinning Mills Limited(RCML)	629 ▼ -51.00 (-7.50%)
Sunrays Textile / Dec 11 Sunrays Textile Mills Limited(SUTM)	111 ▼ -9.00 (-7.50%)
Masood Textile / Dec 11 Masood Textile Mills Limited(MSOT)	53.20 ▼ -4.30 (-7.48%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.05
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.05
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	65,177,500 ▲ 0.61
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	63,595,500 ▲ 0.45
Askari Bank / Dec 11 Askari Bank Limited(AKBL)	57,594,500 ▲ 0.57
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	54,822,000 ▲ 0.57
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.10
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▼ -0.16
Pak Refinery / Dec 11 Pakistan Refinery Limited(PRL)	41,814,767 ▼ -1.64
Telecard Limited / Dec 11 Telecard Limited(TELE)	37,055,844 ▲ 0.37

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	284.32
USD PKR Interbank Buying / Dec 11	283.77
USD to Japanese Yen / Dec 11	145.58
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.25
Euro to USD / Dec 11	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
Nasdaq / Dec 8	14403.97
Dow Jones / Dec 8	36247.87
India Sensex / Dec 11	69967.53
Tokyo Nikkei / Dec 11	32791.80
Hang Seng / Dec 11	16156.22
FTSE 100 / Dec 11	7549.32
Germany DAX 30 / Dec 11	16771.35
France CAC40 / Dec 11	7538.69

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Crude Oil USD/Barrel / Dec 11	71.63
Gold Spot USD/Ounce / Dec 11	1996.45
Cotton US¢/pound / Dec 11	82.25

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