Sector Update: Tech Stocks Advance Premarket Monday

MT Newswires49minutes ago

Sector Update: Tech

MT Newswires08:46 ET

Intel, AMD in Focus as Bernstein Weighs in on PC, Server Markets

Seeking Alpha08:09 ET

Market Chatter: Lattice Semiconductor Mulling Offer for Intel's Altera Unit

MT Newswires07:24 ET

Intel Corporation (INTC) to Sell Folsom Campus as Part of Cost-Cutting Amid Struggles to Regain Chip Leadership

Yahoo Finance04:15 ET

Is it less than 8 billion US dollars? The Biden administration is reportedly considering reducing financial subsidies to intel.

1. The US government plans to reduce intel's federal chip subsidy from less than $8.5 billion to less than $8 billion; 2. Part of the reason is that intel has received a $3 billion military chip manufacturing contract, and intel's poor technical roadmap and customer demand are also reasons for the adjustment; 3. Intel's current plight is also a blow to the Biden administration's accelerated domestic chip manufacturing plan.

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