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Check out the companies making headlines in premarket trading. Intel — Shares fell more than 4% after the company disclosed a growing operating loss in its semiconductor manufacturing business. Intel…
Intel shares fall on $7 billion operating loss in foundry business
U.S. President Joe Biden tours the Intel Ocotillo Campus, in Chandler, Arizona, U.S., March 20, 2024. Kevin Lamarque | Reuters Intel shares fell 4% at one point in extended trading…
China’s new guidelines block Intel, AMD chips in government computers: FT
Digitally Generated Images Wong Yu Liang | Moment | Getty Images China has rolled out new guidelines that will phase out U.S. processors in government computers and servers, effectively blocking…
In swing state Arizona, an $8.5 billion CHIPS grant spells ‘jobs’ more than geopolitics
US President Joe Biden gives a speech at Intel Ocotillo Campus on March 20, 2024 in Chandler, Arizona. Biden announced $8.5 billion in federal funding from the CHIPS Act for…
Microsoft debuts first Surface PCs with dedicated Copilot AI button
Microsoft is releasing its first Surface PCs featuring a dedicated Copilot button on the keyboard for quickly accessing the chatbot, following through on a promise it made in January. The…
Amazon gets boost from 72% pop in AI company Astera Labs’ IPO
In this photo illustration, Astera Labs logo is seen on a smartphone and on a pc screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Amazon CEO Andy…
Intel awarded up to $8.5 billion from CHIPS Act, with loans available
U.S. President Joe Biden listens to Intel CEO Pat Gelsinger as he attends the groundbreaking of the new Intel semiconductor manufacturing facility in New Albany, Ohio, U.S., September 9, 2022.…
Shareholder payouts hit a record $1.7 trillion last year as bank profits surged
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024. Brendan Mcdermid | Reuters LONDON — Global dividend payouts to…
Robot startup Figure valued at $2.6 billion by Bezos, Amazon, Nvidia
Startup Figure AI is developing general-purpose humanoid robots. Figure AI Figure AI, a startup working to build humanoid robots that can perform dangerous and undesirable jobs, just got a big…
AI and semiconductor stocks surge after Nvidia’s earnings beat
A microchip and the Nvidia logo displayed on a phone screen are seen in this photo taken in Krakow, Poland, on April 10, 2023. Nurphoto | Getty Images Artificial intelligence…