Raging AI Debate Delivers Fuel For Direxion's Nvidia-Focused Funds NVDU And NVDD

Benzinga23minutes ago

Earnings Scheduled For November 25, 2024

Benzinga03:32 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.

cls.cn03:26 ET

Intel seeks survival by "dividing the land"! Will sell two large industrial park properties in the usa.

① Intel plans to sell its plant in Folsom, California, and land in Hillsboro, Oregon, to adjust its global real estate strategy and save costs; ② Intel continues to face financial pressure, with a loss of 17 billion USD last quarter, and coupled with diminishing hopes of obtaining subsidies from the usa government, this has forced the company to consider self-rescue actions.

cls.cn02:06 ET

Gary Black Defends Tesla Trim At $351: 'No One Ever Went Broke By Taking Profits' Amid Stock's 150% Surge Since April

Benzinga00:42 ET

Marc Benioff Says Future Of AI Not In Bots Like ChatGPT But In Autonomous Agents: We Aren't At The Moment Seen In Those 'Crazy' Movies

Benzinga23:07 ET