Bloomberg Technology
Intel CEO Gelsinger on ‘Massive’ New Hub, Chip Shortage
Intel CEO Pat Gelsinger discusses the company’s plans to spend $20 billion on a chipmaking hub on the outskirts of Columbus, Ohio, and the efforts to alleviate the supply-chain issues in the semiconductor industry. He speaks on “Bloomberg Markets: The Close.”
Bloomberg Technology
Intel Rebuffs Arm, China Tech Stocks Soar | Bloomberg Technology
Bloomberg’s Caroline Hyde and Ed Ludlow break down Arm’s interest in Intel’s product division, only to have Intel turn down Arm’s advances, and China stocks in the US are set for their best week since 2022. Plus, “money is green” when it comes to database and nuclear build out according to US Energy Secretary Granholm,…
Bloomberg Technology
Apple’s iPhone 16 Receives a Lackluster Reception
Apple shares continue to outperform and avoid volatility despite growing concern around iPhone sales growth. Bloomberg Intelligence senior analyst Anurag Rana discusses a recent Bloomberg Intelligence survey showing that the iPhone 16 did not excite consumers enough to warrant a smartphone super cycle. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like…
Bloomberg Technology
China Stocks Set for Best Week Since 2022
Chinese equities capped their biggest weekly rally since 2008 with a burst of trading that overwhelmed the Shanghai stock exchange, underscoring a shift in investor sentiment after Beijing ramped up its economic stimulus. That shift was felt in Chinese stocks in the US as well, where they’re set for their best week since 2022. Fiona…
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Gerald H.
January 22, 2022 at 12:22 am
So good to hear from a CEO who isn’t just a pencil pusher whose goal in life is to save 30% at the R&D budget to improve shareholder value for the next quarter.
XERXES 247
January 22, 2022 at 12:24 am
Lols same company bought there own stock back on the tune of 25B Now they are asking goverment to build them a fab pathetic !!!
m4758406
January 22, 2022 at 1:15 am
cause the virus and elecric cars changed the situation.
these companies respond to demand,
and a new factory only makes sense if you have made a breakthrough, new technology.
Even the stock market, 4 years ago, was not aware that electric cars would prevail.
Edgard Pinheiro
January 22, 2022 at 12:55 am
That is what happens when Intel switches a CEO who is a businessman for a CEO who is an engineer, and America switches a president who wants to bring back steel manufacturing for a president who wants to bring back high-tech chip manufacturing.