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Intel Corp (INTC.O)

INTC.O on Nasdaq

34.70USD
30 Nov 2016
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Latest Key Developments (Source: Significant Developments)

Mgt Capital Investments says company and John Mcafee filed a lawsuit in U.S. district court
Tuesday, 6 Sep 2016 08:45am EDT 

Mgt Capital Investments Inc : Says company and John Mcafee filed a lawsuit in United States district court, southern district of New York .Lawsuit seeking judgment that co's use of "John Mcafee Global Technologies, Inc." does not infringe upon any trademark rights of Intel.  Full Article

TPG held preliminary discussions with Intel to buy Mcafee - Bloomberg
Thursday, 1 Sep 2016 01:57pm EDT 

:TPG held preliminary discussions with Intel to buy Mcafee in deal that could value Mcafee at as much as $3 billion- Bloomberg, citing sources.  Full Article

Nervana announces planned acquisition of Co by intel
Tuesday, 9 Aug 2016 04:20pm EDT 

Nervana : Nervana announces planned acquisition of Co by intel . Intends to continue all existing development efforts including neon deep learning framework, deep learning platform, engine deep learning hardware . Will continue to operate out of our san diego headquarters .Allen & company llc who acted as exclusive financial advisor to nervana in this transaction.  Full Article

Intel says to buy Nervana Systems
Tuesday, 9 Aug 2016 04:04pm EDT 

Intel Corp :Signed definitive agreement to acquire Nervana Systems to add to Intel's artificial intelligence portfolio.  Full Article

Basis Science recalls Basis Peak watch due to overheating
Wednesday, 3 Aug 2016 04:48pm EDT 

: Basis Science says issuing safety recall of Basis Peak watch because watch can overheat, which could result in burns or blisters on skin surface Source (http://bit.ly/2b3Gvlo) ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Intel reports Q2 revenue of $13.5 billion
Wednesday, 20 Jul 2016 04:10pm EDT 

Intel Corp : Intel reports second-quarter revenue of $13.5 billion . Quarterly EPS of 27 cents . Quarterly reported non-GAAP operating income of $3.2 billion, net income of $2.9 billion and EPS of 59 cents . Quarterly Client Computing Group revenue of $7.3 billion, down 3 percent sequentially and down 3 percent . Quarterly Data Center Group revenue of $4.0 billion, up 1 percent sequentially and up 5 percent year-over . Sees Q3 GAAP, non-GAAP revenue $14.9 billion, +/- $500 million . Quarterly Internet of Things group revenue of $572 million, down 12 percent sequentially and up 2 percent year-over-year . Sees 2016 GAAP revenue of mid-single digits . Quarterly Programmable Solutions Group revenue of $465 million, up 30 percent sequentially . Q2 gross margin 58.9 percent versus. 62.5 percent last year . Sees Q3 GAAP gross margin 60 percent, +/- a couple percentage points . Sees Q3 non-GAAP gross margin 62 percent, +/- a couple percentage points . Q2 earnings per share view $0.53, revenue view $13.54 billion -- Thomson Reuters I/B/E/S . Sees 2016 capital spending of $9.5 billion (+/- $500 million) . Sees FY 2016 non-GAAP gross margin percentage 62 percent, +/- a couple percentage points . Sees Q3 research and development plus MG&A spending about $5.1 billion . Q3 revenue view $14.63 billion -- Thomson Reuters I/B/E/S . CEO says "Our restructuring initiative to accelerate intel's transformation is solidly on-track".  Full Article

Intel Corp declares quarterly div of 26 cents per share
Tuesday, 12 Jul 2016 09:00am EDT 

Intel Corp :Declared a quarterly dividend of 26 cents per share ($1.04 per share on an annual basis) on company's common stock.  Full Article

Intel said to get chip order from Apple - StreetInsider, citing Bloomberg
Friday, 10 Jun 2016 11:01am EDT 

:Intel said to get chip order from Apple - StreetInsider, citing Bloomberg.  Full Article

TSMC expects to beat Intel in server chip technology in 2017 - Nikkei
Thursday, 26 May 2016 01:35pm EDT 

Nikkei: Taiwan Semiconductor Manufacturing Co will be first to produce 7-nanometer chips, according to co's senior executive - Nikkei . Chief Executive Mark Liu, said TSMC will make 7-nanometer chips in small quantities from early 2017, & go into mass production in Q1 2018 - Nikkei . TSMC expects to be ahead of Intel throughout, the first time TSMC acknowledges its leadership in advanced chip technology - Nikkei .Intel said in earlier mail to Nikkei it expects to launch 1st 10-nanometer chip in second half 2017, but doesn't have schedule for 7-nanometer chips - Nikkei.  Full Article

Intel to acquire Itseez Inc
Thursday, 26 May 2016 12:10pm EDT 

: Intel acquires Computer Vision for IoT, automotive; signs agreement to acquire Itseez Inc, an expert in Computer Vision algorithms .Intel says Itseez will become "a key ingredient" for its Internet of Things Group (IoTG) roadmap.  Full Article

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Delphi, Mobileye to use Intel chip for self-driving car system

Auto parts maker Delphi Automotive Plc and Israeli technology firm Mobileye NV will put an Intel Corp chip at the heart of their joint effort to produce self-driving vehicles by 2019, the companies said on Tuesday.