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Intel tumbles as chipmaker falls further behind in AI race

Intel shed about $24.9 billion in market value, based on Friday's closing price of $43.65 ....

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Intel tumbles as chipmaker falls further behind in AI race

Intel tumbles as chipmaker falls further behind in AI race
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Intel Tumbles as Chipmaker Falls Further behind in AI Race

Intel slumped more than 12% on Friday following a bleak first-quarter revenue outlook, as the chipmaker plays catch-up in the AI race while also dealing with a weak PC market. While AI is driving a boom in the chip sector, Intel seems to be an exception, analysts said. Semiconductor makers that make chips for the heavy data needs for generative AI were among the biggest winners in the stock market in 2023. ....

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Futures higher, FAA recommends more Boeing safety checks

Futures higher, FAA recommends more Boeing safety checks
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Semiconductor Stocks Drive S&P 500 to a Fresh All-Time High

On Friday, January 19, 2024, the S&P 500 closed the session up +1.23% at $4,839.81, marking a fresh historic all-time high. This is the first time since… ....

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