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Foundry business

Intel finally brings good news to Wall Street

After a disastrous second-quarter earnings report in August that resulted in the worst trading day for the company’s stock in 40 years, Intel (INTC) CEO Pat Gelsinger finally has good news for Wall Street. On Monday, Gelsinger announced that Intel…

Intel shares are down 60% this year – are they a bargain?

Intel (NASDAQ:INTC) had already endured a difficult year before it reported its results last week. When those numbers were released, the stock’s free fall went even deeper. Now, the technology company’s shares have fallen more than 60% year-to-date. The stock…