The company is facing a tight capacity for its older chip nodes, Intel 10 and 7, amid ongoing AI compute demand and businesses migrating to Windows 11.

G ood morning. Intel, once the world’s leading chipmaker, has struggled in recent years to keep pace with the rise of artificial intelligence computing. Under new CEO Lip‑Bu Tan, and bolstered by government and private investment, the tech company is pursuing an ambitious turnaround.

Intel has returned to profitability, signaling momentum behind its turnaround efforts, but it still hasn't found customers for its foundry business.

An Intel Corp. stock rally faded on Friday after investors looked past an upbeat forecast and focused on the many lingering challenges at the embattled chipmaker.

Here are some of the stocks making notable moves in Friday's premarket action: Comfort Systems stock are climbing 18% after the ventilation and electrical services [posted a jump in third-quarter earnings.

Intel posted profits in the latest quarter as the one-time America technology icon struggles to regain market share

Intel says that 18A will be a “long-lived node” that will power “at least the next three generations of client and server products.” If you were hoping for a return to the “tick-tock” days where Intel would alternate between shrinking its chips and releasing new architectures every generation, that’s not happening here.

The chip maker reported sales growth in its core product line of PC processors and shrinking costs. Shares rallied more than 8% premarket. ↗️ [**F

Intel beat expectations for September-quarter profit as CEO Lip-Bu Tan's drastic cost-cutting measures helped the chipmaker shore up its finances amid a slew of high-profile investments in the company.