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Intel Corp (INTC.OQ)

INTC.OQ on NASDAQ Stock Exchange Global Select Market

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23 May 2019
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Latest Key Developments (Source: Significant Developments)

Micron Tech Received Notice From Intel That Sale Of Intel's Noncontrolling Interest In IM Flash Tech To Co Will Close On Oct 31
Tuesday, 7 May 2019 

May 7 (Reuters) - Intel Corp ::MICRON TECHNOLOGY - ON MAY 3, CO RECEIVED NOTICE FROM INTEL THAT SALE OF INTEL'S NONCONTROLLING INTEREST IN IM FLASH TECHNOLOGIES TO CO WILL CLOSE ON OCT 31.MICRON TECHNOLOGY - AT CLOSING, CO EXPECTS TO PAY INTEL ABOUT $1.3 BILLION - $1.5 BILLION IN CASH FOR INTEL’S NONCONTROLLING INTEREST IN IMFT.MICRON TECHNOLOGY SAYS AS OF END OF MICRON’S Q2, IMFT MEMBER DEBT OWED TO INTEL WAS $1 BILLION - SEC FILING.MICRON TECHNOLOGY SAYS EXPECTS TO RECOGNIZE A GAAP FINANCIAL GAIN OF ABOUT $100 MILLION.  Full Article

Apple Discussed Acquiring Intel's Smartphone-Modem Chip Business- WSJ
Friday, 26 Apr 2019 

April 26 (Reuters) - :APPLE DISCUSSED ACQUIRING INTEL’S SMARTPHONE-MODEM CHIP BUSINESS- WSJ.  Full Article

Intel Reports Q1 GAAP EPS Of $0.87
Thursday, 25 Apr 2019 

April 25 (Reuters) - Intel Corp ::QUARTERLY NON-GAAP EPS OF $0.89.FIRST-QUARTER GAAP EARNINGS-PER-SHARE (EPS) OF $0.87.FIRST-QUARTER REVENUE WAS $16.1 BILLION, FLAT YEAR-OVER-YEAR .Q1 EARNINGS PER SHARE VIEW $0.87, REVENUE VIEW $16.02 BILLION -- REFINITIV IBES DATA.EXPECTING FULL-YEAR REVENUE OF $69.0 BILLION, FULL-YEAR GAAP EPS OF $4.14 AND NON-GAAP EPS OF $4.35; DOWN FROM JANUARY GUIDANCE.SEES 2019 GAAP EARNINGS PER SHARE ABOUT $4.14.EXPECTING SECOND-QUARTER REVENUE OF $15.6 BILLION; SECOND-QUARTER GAAP EPS OF $0.83 AND NON-GAAP EPS OF $0.89.SEES 2019 NON-GAAP EARNINGS PER SHARE ABOUT $4.35.FY2019 EARNINGS PER SHARE VIEW $4.51, REVENUE VIEW $71.05 BILLION -- REFINITIV IBES DATA.SEES FY CAPITAL SPENDING OF ABOUT $15.5 BILLION.QUARTERLY CLIENT COMPUTING GROUP (CCG) REVENUE OF $8.6 BILLION, UP 4%.SEES Q2 GAAP OPERATING MARGIN ABOUT 27%; SEES Q2 NON-GAAP OPERATING MARGIN ABOUT 29%.Q2 EARNINGS PER SHARE VIEW $1.01, REVENUE VIEW $16.85 BILLION -- REFINITIV IBES DATA.INTEL - "RESULTS FOR FIRST QUARTER WERE SLIGHTLY HIGHER THAN OUR JANUARY EXPECTATIONS".SEES FY GAAP OPERATING MARGIN ABOUT 30%.QUARTERLY DATA CENTER GROUP (DCG) REVENUE OF $4.9 BILLION, DOWN 6%.SEES FY NON-GAAP OPERATING MARGIN ABOUT 32%.SAYS "LOOKING AHEAD, WE'RE TAKING A MORE CAUTIOUS VIEW OF THE YEAR, ALTHOUGH WE EXPECT MARKET CONDITIONS TO IMPROVE IN THE SECOND HALF".SEES FY NON-GAAP FCF ABOUT $15 BILLION.  Full Article

Intel Says It Is Reducing 2019 NAND Output - Presentation
Thursday, 25 Apr 2019 

April 25 (Reuters) - Intel Corp ::INTEL CORP - REVISING FULL YEAR EXPECTATIONS BASED ON CUSTOMER FEEDBACK - PRESENTATION.INTEL CORP - INTENSIFYING OUR FOCUS IN THREE KEY AREAS.INTEL CORP - Q1 NON-GAAP OPERATING MARGIN 28%, DOWN 2PPT; LOWER SPENDING & ASP STRENGTH OFFSET BY IMPACT OF 10NM RAMP & NAND RESERVES.INTEL CORP - QTRLY REVENUE FROM MODEM/ADJACENCIES UP 26 PERCENT YOY.INTEL CORP - CHINA WEAKNESS & INVENTORY CORRECTION BROADLY IMPACTING DCG IN QUARTER.INTEL CORP - REDUCING 2019 NAND OUTPUT.  Full Article

Apple Inc Says 21.5-Inch iMac Now Features 8th-Generation Quad-Core And 6-Core Processors
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Apple Inc ::IMAC GETS A 2X PERFORMANCE BOOST.APPLE INC - UPDATED ITS IMAC LINE WITH UP TO 8-CORE INTEL 9TH-GENERATION PROCESSORS.APPLE INC - UPDATED ITS IMAC WITH VEGA GRAPHICS OPTIONS.APPLE INC - 21.5-INCH IMAC NOW FEATURES 8TH-GENERATION QUAD-CORE AND 6-CORE PROCESSORS.APPLE INC - 27-INCH IMAC FEATURES UP TO 9TH-GENERATION 6-CORE AND 8-CORE PROCESSORS.APPLE INC - RADEON PRO VEGA GRAPHICS COME TO 21.5-INCH IMAC.APPLE INC - NEW MACS COME WITH MACOS MOJAVE.APPLE INC - NEW 21.5-INCH IMAC WITH RETINA 4K DISPLAY STARTS AT $1,299 (US).APPLE INC - NEW 27-INCH IMAC WITH RETINA 5K DISPLAY STARTS AT $1,799.APPLE INC - NON-RETINA DISPLAY IMAC CONFIGURATION CONTINUES TO BE AVAILABLE FOR $1,099.APPLE INC - BOTH NEW 21.5-INCH IMAC, NEW 27-INCH IMAC ARE AVAILABLE TO ORDER STARTING 19 MARCH FROM APPLE.COM.  Full Article

U.S. Department Of Energy And Intel To Deliver First Exascale Supercomputer
Monday, 18 Mar 2019 

March 18 (Reuters) - Intel Corp ::U.S. DEPARTMENT OF ENERGY AND INTEL TO DELIVER FIRST EXASCALE SUPERCOMPUTER.INTEL - CONTRACT VALUED AT MORE THAN $500 MILLION AND WILL BE DELIVERED TO ARGONNE NATIONAL LABORATORY BY INTEL AND SUB-CONTRACTOR CRAY INC IN 2021.  Full Article

Ericsson, Intel Jointly Develop Next-Generation Software Defined Infrastructure For 5G Era
Monday, 11 Feb 2019 

Feb 11 (Reuters) - Telefonaktiebolaget LM Ericsson ::ERICSSON AND INTEL JOINTLY DEVELOP NEXT-GENERATION SOFTWARE DEFINED INFRASTRUCTURE FOR 5G ERA.ERICSSON- COS WILL ALIGN DEVELOPMENT EFFORTS OF ERICSSON SDI MANAGER SOFTWARE AND INTEL RACK SCALE DESIGN.  Full Article

Mobileye, Ordnance Survey To Gather And Share Map Data To Manage Infrastructure For Smarter Cities, Safer Roads
Tuesday, 8 Jan 2019 

Jan 7 (Reuters) - Intel Corp ::MOBILEYE, ORDNANCE SURVEY TO GATHER AND SHARE MAP DATA TO MANAGE INFRASTRUCTURE FOR SMARTER CITIES, SAFER ROADS.MOBILEYE AND ORDNANCE SURVEY ANNOUNCED AN AGREEMENT TO BRING HIGH-PRECISION LOCATION DATA TO U.K. AGENCIES AND BUSINESSES.  Full Article

Intel Says Richard Uhlig Is The New Managing Director Of Intel Labs
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Intel Corp ::SAYS RICHARD UHLIG IS THE NEW MANAGING DIRECTOR OF INTEL LABS.  Full Article

Intel says Planning For Site Expansions In Oregon, Ireland, Israel
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Intel Corp ::IN EARLY PLANNING PHASE FOR MANUFACTURING SITE EXPANSIONS IN OREGON, IRELAND AND ISRAEL.MULTI-YEAR CONSTRUCTION ACTIVITIES RELATED TO MANUFACTURING SITE EXPANSIONS IN OREGON, IRELAND, ISRAEL EXPECTED TO BEGIN IN 2019.MADE DECISION TO LOCATE DEVELOPMENT OF NEW GENERATION OF STORAGE AND MEMORY TECHNOLOGY AT MANUFACTURING PLANT IN NEW MEXICO.IN WEEKS AND MONTHS AHEAD, WILL BE WORKING THROUGH DISCUSSIONS AND PERMITTING WITH LOCAL GOVERNMENTS AND COMMUNITIES.  Full Article

Factbox: Global tech companies shun Huawei after U.S. ban

Global tech firms, including chip suppliers, are cutting ties with China's Huawei Technologies Co Ltd after the U.S. government put the world's largest telecom equipment maker on a trade blacklist citing national security concerns.